Fuel giant BP has signed a new partnership with Renault to become its fuel and lubricant supplier for the next five years.
Renault had previously used Total fuel and lubricants, but the manufacturer team has now switched to BP fuel and Castrol oils. Fuel efficiency is key to unlocking more power from F1's current engine regulations, making a close partnership between supplier and engine manufacturer essential for success.
"With the new aerodynamic regulations for the 2017 Formula 1 season, power sensitivity will increase," Renault team boss Cyril Abiteboul said. "Therefore fuels and lubricants will make an even greater difference to the overall performance of the car than they have since the new power unit regulations have been introduced in 2014.
"The teams at BP and Castrol are very excited by the challenges offered by Formula One and we are confident they will help us achieve our ambitions for our new car in 2017 and beyond."
Tufan Erginbilgic, Chief Executive, BP Downstream, added: "Developing leading fuel and lubricant technologies is a key priority for BP. This partnership creates exciting opportunities for the teams in Renault and BP to work together to further our cutting edge fuel and lubricant technologies in the highly competitive world of Formula One."
Renault's customer teams Red Bull and Toro Rosso will be supplied by ExxonMobil this year after the fuel giant's long-term partnership with McLaren came to an end. McLaren-Honda is also expected to be supplied by BP in a deal that has not yet been announced.