Renault can become a 'big boy' in F1 - Abiteboul


Renault's new Formula One team will be capable of becoming one of the sport's major players, says managing director Cyril Abiteboul.

The French manufacturer will return next season having spent the last five years as an engine supplier to the likes of Red Bull and Lotus - completing their takeover of the latter on Monday.

Renault won back-to-back constructors' championships in 2005 and 2006, with Fernando Alonso also heading up the drivers' championship in both seasons.

Abiteboul believes they have the capacity to return to such heights.

"We have been successful as a competitive team before, and from a marketing standpoint and connection between F1 and the rest of the business, we have never been so strong," he said.

"So what should not wait is the capacity of Renault to turn what we do on the track into tangible marketing value for the group and for the brand.

"That is really important, as that is what will give us the stability so that we have the capacity - the financial capacity and also the time - to become one of the big boys."

However, Abiteboul admits their aspirations for 2016 are more about team development than on-track results.

"I think we need to be honest. When you decide to go F1 racing on December 18, there is no way that you can expect to have fantastic results," he continued.

"But we are coming here with a clear plan, not only for next year but also years to come.

"In my opinion, next year will not only be successful if we are doing well on-track. There are many things that we want to do well next year, starting with the structure.

"The target for next year, it is not just about scoring points in the championship. We need to be humble in our expectations for next year.

"But there is much more that needs to come next year than just points in the championship."