Renault, Caterham to make sportscars jointly

By Ubaid Parkar, 21 November 2012
© Frederic Le Floch/DPPI/Renault Sport F1

Renault and Caterham announced a partnership earlier this month to design and build sportscars under the banner of the Société des Automobiles Alpine Caterham, which will be created in 2013.

The cars will be made at the Alpine plant in Dieppe, Normandy, in France with the first vehicle to be rolled out in the next three or four years.

“We know the markets we are going into and, particularly in my playground in Asia, there is a huge opportunity… and give consumers access to exciting, affordable products that marry our interests in F1 and technology and help make their dreams come true,” said Caterham owner Tony Fernandes who also runs a team in Formula 1.

Renault said that its ambitions of reviving Alpine depended on its ability to find a partner in order to ensure the economic profitability of the project, which it believes has found in Caterham.

“Formula 1 was always our entry point into the car business,” said Caterham Group deputy chairman Kamarudin Meranun.

“Our original plans to develop a partnership with Lotus were put aside in spectacular and well documented style, but now we have a far better chance to develop Caterham Cars in partnership with Renault,” he reckoned.

“Our F1 team has already been working successfully with Renault Sport F1 since the start of the 2011 F1 season and I am thrilled that now we are adding to our track partnership by joining forces with Renault on the road,” Meranun added.

 

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