Renault F1 Team has confirmed an agreement that Russia’s leading automotive brand, LADA, which is owned by AvtoVAZ, will feature the LADA logo on the chassis of the Renault F1 R30 race cars during the 2010 season. The agreement was signed in Moscow on March 1, 2010.
The LADA branding will also appear on the overalls and team uniform of Vitaly Petrov, the first ever Russian driver in F1.
Renault F1 Team Chairman Gerard Lopez said that the agreement marks another important step Formula 1 in Russia.
Gerard Lopez also said that through Mangrove Capital they have been actively investing in Russia over the last years and know the country well. Gerard added that it is an honour for the Renault F1 Team to spearhead Russia’s entry into the sport and to carry the LADA brand at the highest level of world motorsport.