Highlights
Motor racing-Renault confirm two-year Red Bull engine deal
(Reuters)
Updated: 2006-09-16 14:02
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LONDON, Sept 15 - Formula One champions Renault confirmed on Friday that they will supply one of the two Red Bull-owned teams with engines in 2007 and 2008.
Renault said in a statement announcing an agreement that Red Bull GmbH, the Austrian energy drink company that owns Red Bull Racing and Toro Rosso, would confirm later which of the two teams would use the engines.
Red Bull Racing use Ferrari engines and have a contract to continue with them next season.
However they want to pass that supply on to their Italian-based sister team, who have Italian Vitantonio Liuzzi as one of their drivers.
The Renault decision marks a return to the days when the French carmaker, who have concentrated on their own works effort in recent years, supplied more than one team.
Renault engines powered Lotus, Ligier, Tyrrell, Williams and Benetton cars in the 1980s and 1990s, winning 80 grands prix between them.