Thierry Koskas appointed President of Renault Sport Racing

Jerome Stoll moving on

Thierry Koskas will take over as President of Renault Sport Racing from Jerome Stoll on January 1 2019.

The Frenchman joined Renault in 1997 and has since headed up different divisions of the French marque around the world, most recently Executive Vice President of sales and marketing.

Koskas will report directly to Renault Chairman and CEO Carlos Ghosn and will continue to work closely with the team's Managing Director Cyril Abiteboul.

Stoll was appointed President in March 2016 as Renault made its foray back into Formula 1 as a works team, having previously left at the end of 2010.

Having purchased its former F1 base in Enstone from the struggling Lotus team, Renault has continually improved their form and invested heavily in their UK base as well as its power unit development base in Viry-Châtillon.

The French outfit looks set to finish fourth in the 2018 Constructors' Championship, its best in the three years since returning to F1.

Daniel Ricciardo will drive alongside Nico Hulkenberg in the team's driver line-up for the 2019 F1 season.