Magnussen relishing fresh start at Renault

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Kevin Magnussen is ready to grasp a fresh chance in Formula One after being named as Pastor Maldonado's replacement at Renault for 2016.

McLaren opted not to renew the Dane's contract as a reserve driver last year and he was subsequently confirmed as Renault's second driver on Wednesday, lining up alongside Jolyon Palmer.

Magnussen's only previous season as a fully-fledged driver in F1 came in 2014, when he scored 55 points for McLaren, however the return of Fernando Alonso last season saw him lose his seat.

After ending his long association with McLaren, Magnussen is looking forward to getting behind the wheel when Renault return to the grid as a full constructor in 2016.

"It's nice to have a fresh start," he is quoted as saying by Autosport. "I'm happy to be with this team. It's a brilliant opportunity.

"I feel much more relaxed this time, I felt a lot of pressure the first time round with McLaren.

"I feel pressure now but in a more positive way. I feel more ready, I feel good."

How Renault will fare on their return - having bought out Lotus - remains to be seen, but Magnussen is pragmatic about their chances.

He added: "You can always hope [to be competitive], but it is important to be realistic about where we are.

"It's a completely new set-up but Renault has done this before, the exact same set-up and I believe they will do it again.

"But you have to be patient as well, things don't just happen. So we will be realistic and take it race-by-race and just race as hard as we can."