French Automaker Renault and British sports-car maker Caterham have announced that they are going to develop affordable racecars by 2016 and Renault also confirmed about their plans to revive the Alpine Brand, along with the collaboration.
As per the reports the new vehicle will be built at Renault’s Dieppe plant in northern France in a partnership with Caterham Cars and its Formula One team, Renault and Caterham’s future products will put racecar engineering within reach of more customers than current F1-derived offerings from rivals, Renault CEO Carlos Ghosn and and Caterham chairman said at a joint news conference. “If you look at Formula One, there’s only Ferrari and McLaren, which are extremely expensive. We’ll produce a car that many more people can afford with F1 technology”. Renault sold its Formula One team in 2009 but continues to supply engines to four teams including Caterham F1, which raced under the Team Lotus name until last year.
Caterham acquired a 50 percent stake in Automobiles Alpine Renault, a subsidiary of the French carmaker. Carlos Ghosn said output will be of several thousand vehicles a year.
Alpine Brand was created in the year 1950 by garage mechanic Jean Redele who at that time had modified Reanult 4VC cars for racing purpose, but then down in the line, Renault shut down the brand in 1994 due to low sales.
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