Renault 2009
According to the BBC Sports site, the Renault F1 team have secured a deal to see them on the grid for the 2010 Formula One Championship.
The Renault team will keep a 25% shareholding after it has been announced that a new buyer has been found with an official announcement due next week.
A final decision concerning the teams future was said to have been decided on Wednesday at an executive board meeting although whether Robert Kubica will be driving under the new ownership is still unknown.
The Renault teams reputation, ended in tatters in the 2009 season after the 2008 Singapore crash scandal came to light, with the team receiving a ban from the sport, suspended for two-years. Flavio Briatore was banned for life for his part in the conspiracy and Pat Symonds received a five-year ban. Both are planning on contesting the bans at the French courts, with a verdict due in the New Year.
Recently it was confirmed that Gerard Lopez was interested in buying the team but he faces competition with Prodrive boss David Richards as well as two other parties.
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