F1 News: Renault, Eni, and BWT Alpine Team sign strategic deal
BWT Alpine Formula One Team and Eni announced that the Italian company becomes the team’s Official Energy and Fuel Partner in a multi-year agreement.
The announcement marks a return of Eni to an Enstone-affiliated team since the brand’s last involvement with a team in Formula One with Benetton in 2000. The team will collaborate with Eni to activate its Enilive brand at select races throughout the 24-race season.
Luca de Meo, CEO Renault Group: “The beauty of automotive is that it’s a team sport. This has never been more true, as we have to reinvent mobility. When it comes to developing innovative solutions, nothing can beat the combined expertise and skills of great companies. That’s why I’m so thrilled about this partnership we are striking with Eni, in F1 and also to explore new opportunities for shared and efficient mobility. Together, we have the potential to push boundaries.”
Claudio Descalzi, Chief Executive Officer of Eni: “Today we have signed a significant agreement allowing Eni and Renault Group to combine the industrial standing and technological leadership that the two companies represent in their respective sectors with the aim of opening new paths of development in areas fundamental to sustainable transport. The introduction of bio-gasoline testing through BWT Alpine Formula One Team is equally important as it reflects F1’s continuous pursuit of absolute technological excellence in engine development and performance.”
As a Premium Partner of the team, Eni branding will be visible on the A525, the team’s challenger for the 2025 FIA Formula 1 World Championship, and on the race overalls and helmets of its full roster of drivers, which will be unveiled at the F175 Launch Event at the O2 Arena, London, on February 18.
Eni’s presence will further extend to the pit-stop crew and throughout the entire BWT Alpine Formula One Team ecosystem and racing environment, which includes a future collaboration aimed at assessing and analyzing innovations in fuel technologies and the development of bio-gasoline for racing at the pinnacle of motorsport.
Flavio Briatore, Executive Advisor, BWT Alpine Formula One Team: “It is with immense pride that we welcome Eni back to Formula One with BWT Alpine Formula One Team. Eni formed a great part of our history at this team and has also, in the past, been an important partner in Formula One. We share common goals and objectives, especially in regard to energy efficiency, sustainability, and future bio-gasoline products. To have them back on board at BWT Alpine Formula One Team is great and we look forward to doing many exciting things together in future both on and off the track.”
Eni and Renault Group are also delighted to announce an agreement to identify and develop future opportunities for collaboration in the decarbonization of the transport sector.
Under the terms of the agreement, the companies will work towards identifying joint business development paths across various sectors, including electric mobility infrastructure, smart mobility services, and energy supply solutions that can support the transition process.
A first tangible achievement of this agreement will be the acquisition of Renault vehicles by Enjoy, Enilive’s car sharing service.
About Eni:
Eni is a global energy tech company operating in 61 Countries, with over 30.000 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni’s goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni’s areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy – a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.