BP and Renault Sport Racing have today announced a new partnership which will see the global oil company join the recently reformed Renault Sport Formula One Team in support of their ambition to fight for the World Championship in the next five years. BP and Castrol, the oil company’s global lubricant brand, will provide fuels and lubricants for the upcoming Formula 1 season, which gets underway in Melbourne, Australia, in March.
BP and Castrol will be part of the Renault Sport Formula One Team as the official fuel and lubricants provider through the BP Ultimate and Castrol EDGE brands. The last time the two companies worked together was during the 1997 season when Williams Renault won both the Formula 1 Constructors Championship and the Drivers Championship.