Renault have assured its future in F1 as far as 2012 - the end of the current Concorde Agreement - by handing over a 75 percent stake to Genii Capital, the venture capital firm owned by entrepreneur Gerard Lopez.
Genii and Renault will run the team together. It will remain branded Renault for 2010, and possibly beyond, and will run Renault engines at least up to 2012.
The team also confirmed that Robert Kubica is the team number one and that it will supply engines to Red Bull Racing in 2010.
There is speculation that the second seat at Renault will go to Chinese GP2 driver Ho-Pin Tung, who is promoted by Lopez's driver management company Gravity.
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