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F1: Renault confirms works return

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F1: Renault confirms works return

By alley - Dec 3, 2015, 5:01 PM ET

Renault chairman and CEO Carlos Ghosn has confirmed the manufacturer will return to Formula 1 in 2016 as a full-time works outfit.Following six months of protracted negotiations, Renault today signed principal contracts with regard a takeover of the Lotus F1 team. It has confirmed that work continues on finalizing the...

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