May 18, 2013

Renault signs with Spark Racing Technology and Formula E holdings as Technical Partner in the FIA Formula E Championship

Renault SAS, leader of Electric Vehicle and expert in motorsport, has signed on as official Technical Partner of Spark Racing Technology to supply the Formula E cars to be entered in the FIA Formula E Championship.

The agreement was signed by Patrice Ratti, Renault Sport
Technologies Managing Director and as a Renault SAS representative, Alejandro Agag, CEO of Formula E Holdings and Frederic Vasseur, President of Spark Racing Technologies.

"Renault has demonstrated a unique commitment to zero-emission mobility, with a range of four vehicles available for sale. Renault in Europe, and the Renault-Nissan Alliance worldwide, has gained a position of EV sales leader. Formula E is an exciting opportunity to demonstrate the excellence and the reliability of our EV solutions," said Philippe Klein, Executive Vice-President, Corporate Planning, Product Planning & Programs of Renault Group. "We believe that motorsport is an efficient manner to promote the efficiency of new technologies, and we're eager to use that single-seater in FIA Formula E championship to show our technology is the best."

Renault's ongoing involvement in motor racing's series provides it with a unique technological laboratory, giving it an edge not only in the world of production vehicles but also on the race track. Renault's technological excellence extends not only in F1 but also in all Z.E. range.

"Renault and Formula E both share the same commitment to innovative technology and sustainable motoring and we're delighted to welcome them to the Championship as a Founding Partner," said Alejandro Agag, CEO of Championship promoter Formula E Holdings. "Not only is Renault one of the world's leading car manufacturers, with a very successful motorsport pedigree, it is also a pioneer for electric vehicles being the first full-range car manufacturer to market zero-emission vehicles. To have a manufacturer of this caliber onboard is a great testament to the growing appeal of the FIA Formula E Championship."

Spark Racing Technology sided toward this technological expertise to optimise the electric and electronic layout. The 42 Formula E single-seaters built for the beginning of the first season will be named 'Spark-Renault'.

"Spark Racing Technology is extremely proud to have a new major quality player in motorsport, Renault," said Frederic Vasseur, CEO of Spark Racing Technology. "Their record and involvement in high level motorsport speaks for the brand. In addition, Renault has always been at the forefront of innovation and having their expertise and know-how is invaluable at such a key moment in the creation of the FIA Formula E World Championship. This partnership with Renault is a new corner stone in a building harmoniously taking shape at all levels."

"Renault's expertise in electric powertrain design and integration acquired both in production E.V. and in Formula 1 makes Renault Sport a natural partner for Spark in this exciting Formula E project," said Patrice Ratti, Managing Director of Renault Sport Technologies. "Engineers from Renault Sport F1 and Renault Sport Technologies will collaborate with Spark Racing Technology team to optimise the electric and electronic layout and performance of the powertrain. Our experience will be particularly valuable to ensure the safety and reliability of the car."


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