Bernard Rey, President of Renault Sport, today announced an engine partnership with Lotus Racing for the 2011 season and beyond.
Team Principal Tony Fernandes said: "I am absolutely delighted that we can now officially talk about the partnership with Renault. There has obviously been a great deal of speculation about which engine will be powering our cars from 2011 and now the announcement has been made I think everyone can see just how ambitious we really are. The combination of the Renault engine and the Red Bull Technology gearbox and hydraulics gives our design and aero teams a successful, tried and tested platform to work with for next year's car.
"2010 has been all about building up our team from scratch and in just one year we have laid the foundations for many exciting seasons to come and the partnership with Renault will dramatically accelerate our development plans, both on and off track."