McLaren has formally negotiated a release from its partnership with Honda and will switch to Renault power from the 2018 season.
The long-awaited divorce is the end-result of a dismal period of underperformance endured by the Woking-based outfit since McLaren and Honda started working together in 2015.
It is being reported that McLaren has signed a three-year deal with Renault, an agreement that will take Formula 1's second most successful team to the end of 2020, just before the sport ushers in a new set of regulations.
According to Motorsport.com, McLaren will get parity on unit specification with the French manufacturer's works team as well as with Red Bull Racing.
The McLaren-Renault deal should go a long way towards convincing Fernando Alonso to extend his stay with McLaren although no details have yet transpired over the duration of a potential new contract.
Gallery: The beautiful wives and girlfriends of F1 drivers
Keep up to date with all the F1 news via Facebook and Twitter
Daniel Ricciardo was expecting a ‘clear the air’ talk with Lance Stroll after the latter’s…
Max Verstappen says he respects Adrian Newey’s decision to part ways with Red Bull but…
We’re on the eve of another adrenaline-pumping weekend of action in Florida, with Formula 1's…
Sergio Perez believes Red Bull Racing will be in a great place despite the departure…
Lewis Hamilton has put departing Red Bull designer Adrian Newey at the top of his…
Nico Hulkenberg says Sauber CEO Andreas Seidl was the “driving factor” behind his decision to…