Groupe Renault firm links up with F1 team

Formula One motor-racing team Renault has signed a sponsorship deal with RCI Bank and Services, a subsidiary of the wider Groupe Renault automotive manufacturing company.
 
As part of the agreement, RCI Bank and Services’ branding will appear on Renault’s cars during races.
 
The length of the deal was not disclosed, but it commenced at the weekend’s Malaysian Grand Prix.
 
Gianluca de Ficchy, managing director for RCI Bank and Services, said: “This partnership will allow us to grow our presence and support our international growth. It will also contribute to our ambition to develop new automotive mobility services to become one of the key players in this market.”

RCI Bank and Services provides financing and automobile services for the Renault group around the world and for the Nissan group principally in Europe, South America, South Korea and in the form of joint ventures in Russia and India.