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Renault Sport F1 Team has revealed that they will be keeping Jolyon Palmer for another season.
The announcement ends moths of speculation regarding the team's driver lineup and Palmer's future in Formula One. He had previously been linked with Force India, Sauber, and Manor.
"I’m over the moon to be racing with Renault Sport Formula One Team for a second season and I can’t wait to reward the team’s faith in me on track," said Palmer. "Having worked out of Enstone since 2015 I can fully appreciate the development of the infrastructure this year. This means I share the excitement of the team looking to 2017 and our new car."
"For me, it’s been a steep learning curve driving in Formula One and I know that I am performing better than ever, and that there’s still more to come," added the 2014 GP2 champion. "There is tremendous drive and enthusiasm in Enstone and Viry looking to next year and I am honoured to be part of this."
Meanwhile, Palmer's current Renault team mate Kevin Magnussen, who was expected to remain at Renault alongside new signing Nico Hulkenberg, is expected to be announced as a Haas driver for 2017 within days.
Congrats to Jolyon.
He must be a good develloper, because in speed he is beaten this season by Magnussen...
It just shows poor management from Renault. They had the option to extend Magnussens contract with another year, but decided not to at that point. I believe Magnussen have demanded a to year contract in order to sign, which Renault haven't been willing to offer.
Now they end up with Palmer. Both Palmer and Magnussen is far better, then they are given credit for if you ask me. It will be interesting to see them team up against Hulkenberg and Grojean next season, who are both more highly respected.
And as seen from the outside, Renault has been in talks with almost all other drivers in an attempt to get them.
Jolyon must have a funny taste in his mouth. He knows that the only reason that Renault is keeping him is because KEV didn't take their lousy offer!
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Congrats to Jolyon.
He must be a good develloper, because in speed he is beaten this season by Magnussen...