Ricciardo to leave Red Bull for Renault at end of season

Image
AFP Paris
Last Updated : Aug 03 2018 | 8:05 PM IST

Australian driver Daniel Ricciardo is leaving Red Bull at the end of the season and joining Renault, the two Formula One teams announced on today.

"Daniel Ricciardo has advised us that he is to leave the team at the end of the 2018 season," Red Bull posted on their website.

Renault followed a little later by tweeting: "We are delighted to announce that @danielricciardo will join @RenaultSportF1 as race driver from 2019." Ricciardo is fifth in the 2018 drivers' standings and has won in China and Monaco this season.

Renault supplies engines to Red Bull but have not won a race since fully rejoining Formula One three years ago.

Their best-placed driver is Nico Hulkenberg in seventh, while 23-year-old Spaniard Carlos Sainz is 11th.

"It was probably one of the most difficult decisions to take in my career so far," Ricciardo told the Renault website.

"But I thought that it was time for me to take on a fresh and new challenge." Renault released a statement that appeared to confirm that Sainz would be making way for Ricciardo.

"Renault Sport Formula One team is happy to confirm the arrival of Daniel Ricciardo to join Nico Hulkenberg as a driver starting from next season," Renault said.

Ricciardo's switch to a team outside the big three represents a gamble. While Renault are one place behind Red Bull in the constructors' standings, they have only 82 points while third-place Red Bull have 223.

"I realise that there is a lot ahead in order to allow Renault to reach their target of competing at the highest level," he said.

"But I have been impressed by their progression in only two years, and I know that each time Renault has been in the sport they eventually won. I hope to be able to help them in this journey and contribute on and off track."
Renault team president Jerome Stoll said the signing underlined their ambition: "Renault decided to come back to Formula One to fight for World Championships."
- Dominos tumbling -
====================

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 03 2018 | 8:05 PM IST

Next Story