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Renault launch

31 January 2010 @ 15:30 GMT - Max Moore

Eric Boullier - Renault's new boss

"The start of a new Formula 1 season is always a time of great anticipation. For Renault, this is particularly true of the 2010 season as we begin a new era for the team.

"With a new structure in place, new drivers, and new colours, there is a lot to be excited about and a lot to look forward to in the year ahead.

"Setting objectives is never easy, but it's clear that we have high ambitions for 2010 as we aim to take Renault back to the front of the grid. However, this is not going to happen overnight and our ambition is to make this journey one step at a time.

"The R30 should be a competitive, strong and reliable car and we've opted for an aggressive development strategy. The factories in Enstone and Viry have been working flat-out during the long winter months to ensure that we begin the new season in the best shape possible. These factories have been successful in the past and they haven't forgotten how to win in Formula 1."

The new colour scheme resembles that used by Renault when it first entered Formula 1 back in 1978.

The Renault Formula 1 team launched its 2010 car at the Valencia circuit on Sunday afternoon and confirmed Vitaly Petrov as its second driver.