RENAULT SPORT RACING AND BP STRENGTHEN STRATEGIC RELATIONSHIP
BP CASTROL EXTENDS SPONSORSHIP OF RENAULT SPORT RACING BY AT LEAST FIVE YEARS.
London, 5 February 2018.
BP and Groupe Renault, through Renault Sport Racing, have today announced a significant strengthening of their relationship, which will see the global energy company continue its support of the Renault Sport Formula One Team for at least the next five years and explore new opportunities to work globally with the Renault-Nissan-Mitsubishi Alliance.
Building on their first season together, and a successful meeting between Renault Chairman and CEO Carlos Ghosn and BP Group Chief Executive Bob Dudley during which they shared their vision for the future, BP, Castrol and Renault Sport Formula One Team will collaborate in a number of areas, both on and off the track. In addition to the fuel and lubricants supply by BP Castrol, the partnership will go beyond Formula 1 and see the partners collaborate on the joint development of advanced mobility solutions and new technologies.