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Renault have revealed a substantial programme of long-term investment at the team’s UK headquarters in Enstone. The US$50 million programme, announced on Monday, will focus on the team’s technological development and will include the building of a new Computational Fluid Dynamics (CFD) facility at the factory, which will provide the team with ten times its current capacity.

“This programme of technology investment in the team sends a strong signal about our commitment to a competitive future in Formula One,” explained team principal Flavio Briatore. “Each investment will be carefully and efficiently managed in line with the sport's future regulations, to derive maximum benefit for the team, our partners and the wider group.”

Renault technical director Bob Bell added: “We are delighted to announce the construction of the new Enstone CFD Centre. While other teams have invested in costly second wind tunnels, we believe that CFD is a technology of the future that will be integral to the design and development of more efficient vehicles.

"This new centre will allow us to push the existing technological boundaries, and to develop new techniques and skills that will have applications far beyond the race tracks of the future.”

All construction work for the project will reflect the team’s stringent environmental considerations. The new CFD centre, for example, will be built below ground level and will be powered by renewable energy.