Red Bull to renew with Renault

Red Bull Racing is close to extending its engine partnership deal with Renault, having revealed it was already close to a new contract before last week's rules switch to 1.6-liter V6 turbos for Formula 1 in 2014.

Red Bull Racing owner Dietrich Mateschitz said: "We always tried to be associated with a big manufacturer. Renault will remain our first approach for a deal for 2013 and beyond."

Asked about the team's plans going forward, Red Bull's motorsport adviser Helmut Marko said: "Talking with Renault about 2013 and further on has progressed very well, as we expected to run the 1.6-liter four cylinder turbo. An extension of our contract was close until the new situation came up. Concerning the V6 turbo from 2014, we have received positive signals from Renault, but we have to discuss the details of the new situation." More at Racer.com