Renault has unveiled its new RS16 car, painted in black-and-yellow livery, that will mark its return to Formula 1 as a works team in 2016.
During a press launch held on the outskirts on Paris on Wednesday, Renault chairman Carlos Ghosn heralded the new era for the French car manufacturer with its new predominantly black colour scheme.
The team however hinted this could change before the season-opening Australian Grand Prix.
"We have the resources, we have the team, we have the organisation, we have the spirit. Renault is back to win," said Renault Sport president Jerome Stoll.
The Renault RS16
Renault's decision to return to F1 with a works outfit came after a deep evaluation of its programme last year, as it weighed up whether or not it was getting enough return from grand prix racing.
It felt that despite previous title success as engine partner to Red Bull, it had not maximised its marketing impact – something it felt could only be done with its own team.
In the end, Renault bought the Lotus outfit – which it had previously sold back in 2010 in the wake of the worldwide economic downturn and the negative impact surrounding the race fix controversy from the 2008 Singapore Grand Prix.
Renault also confirmed that Kevin Magnussen will race alongside Jolyon Palmer in 2016, following the termination of its contract with Pastor Maldonado.
ART Grand Prix's Frederic Vasseur was also confirmed as Racing Director for the new team, while Bob Bell, who left Manor in October, was announced as Chief Technical Officer.