Renault F1 confirms loan signing of Carlos Sainz Jr. for 2018

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Renault has confirmed the signing of Carlos Sainz Jr. from Scuderia Toro Rosso for the 2018 Formula 1 season, announced on Friday in Singapore.

Sainz, 23, will partner Nico Hulkenberg at Renault next year after three seasons with Toro Rosso, joining on loan from Red Bull, which retains an option to recall him in the future.

The move was agreed as part of the deal for McLaren and Toro Rosso to swap engine supplies for 2018, linking up with Renault and Honda respectively, also anounced on Friday.

“I’m very happy to be joining Renault Sport Formula One Team. To be a Formula 1 driver for a manufacturer team is an honor and I hope to reward Renault’s faith in me with my very best performances on track,” Sainz said.

“The trajectory of Renault Sport Formula One Team is exciting and I’m proud to join at such an important time in their history. I am looking forward to working with everyone at Enstone and Viry, and driving alongside Nico Hülkenberg.

“I have worked closely with Renault in Formula 1 and previously in motorsport, so I know their motivation and capabilities.

“This is the start of a very exciting new chapter in my career. I would like to say thank you to Red Bull for all their confidence and support and for allowing me to take this opportunity.

“Last but not least, I especially want to thank all the people that work in Toro Rosso. They are a fantastic team of professionals and I wish them the best for the future.”

Sainz has enjoyed backing from Red Bull throughout his racing career, moving into F1 in 2015 with Toro Rosso after winning the Formula Renault 3.5 title.

Despite being put in the shade by the hype surrounding teammate Max Verstappen, Sainz impressed throughout his debut campaign and established himself as team leader following Verstappen’s promotion and Daniil Kvyat’s arrival.

Sainz caused a stir over the Austrian Grand Prix weekend earlier this year when he said a fourth year at Toro Rosso in 2018 was “unlikely”, only for Red Bull’s bosses to remind him that he remained under contract for next year.

With Verstappen and Daniel Ricciardo locked in at the senior team leaving Sainz no room to move up, Red Bull admitted it would be open to letting him leave should the right offer come along.

Despite being linked with moves for Fernando Alonso and Robert Kubica to partner Hulkenberg, Renault settled on Sainz as its top target for a 2018 seat to replace the struggling Jolyon Palmer.

Crunch talks with McLaren over the Italian Grand Prix weekend led to Sainz coming into the picture, with Renault using him as leverage for agreeing to end its Toro Rosso contract early so it could join up with Honda.

The deal also paves the way for Red Bull junior Pierre Gasly to move up to F1 next year with Toro Rosso, having won the GP2 title last year and spent this season racing in Japan’s Super Formula series.

Gasly is poised to partner Kvyat, although it has been suggested that Honda youngster Nobuharu Matsushita could be placed at Toro Rosso should he amass the required FIA super license points before the end of the season.

Formula 1 2018 – Confirmed Drivers and Teams

Mercedes: Lewis Hamilton, Valtteri Bottas
Ferrari: Sebastian Vettel, Kimi Raikkonen
Red Bull: Daniel Ricciardo, Max Verstappen
Force India: TBA, TBA
Williams: TBA, TBA
McLaren: Stoffel Vandoorne, TBA
Toro Rosso: TBA, TBA
Haas: Romain Grosjean, Kevin Magnussen
Renault: Carlos Sainz Jr, Nico Hulkenberg
Sauber: TBA, TBA

AJ Foyt Racing promotes Benjamin Pedersen from Indy Lights to IndyCar for 2023 season

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Benjamin Pedersen is the first driver to land a promotion from Indy Lights into IndyCar for next season as AJ Foyt Racing confirmed Wednesday he’ll be part of its 2023 lineup.

Pedersen, a 23-year-old dual citizen of Denmark and the United States, spent last season running the full Indy Lights schedule for HMD Motorsports. Linus Lundqvist, his teammate, won the Lights title, and Pedersen finished fifth in the final standings. Pedersen earned his only win earlier this month when he led every lap from the pole at Portland.

Pedersen also ran four races for HMD in 2021 with back-to-back runner-up finishes in his debut. Pedersen landed on AJ Foyt Racing team president Larry Foyt’s radar through a “trusted colleague” and Pedersen spent most of last season shadowing the IndyCar team.

His promotion to IndyCar comes ahead of all four drivers who finished ahead of him in the Indy Lights standings, including champion Lundqvist.

“We are really looking forward to having Benjamin as part of the team,” Larry Foyt said. “His enthusiasm is infectious, and he is 100 percent committed to IndyCar, AJ Foyt Racing, and doing the best he can to win races.

“It’s been great to have him embedded with the team this past season, and everyone is excited to hit the ground running when testing begins. It is also great to have a multi-year program in place, which will help him and the team grow together.”

Foyt did not announce a car number for Pedersen. Kyle Kirkwood spent his rookie season driving AJ Foyt’s flagship No. 14 but Kirkwood is moving to Andretti Autosport. The team has not yet announced if Dalton Kellett will return for a fourth season, and a third car for Tatiana Calderon was pulled from competition after seven races because of sponsorship non-payment. Shutting down Calderon’s team removed the only semi-regular female driver from the IndyCar field.

Pedersen, however, was signed to an agreement Foyt said “spans multiple seasons as the team plans to develop the young rookie and is aligned to a longer-term plan for AJ Foyt Racing.”

Pedersen was born in Copenhagen but raised in Seattle and currently lives in Indianapolis. He said his time shadowing the IndyCar team has given him a jump on his rookie preparations.

“I’ve spent a lot of time this season with AJ Foyt Racing learning the ins and outs of making the jump to IndyCar and it’s been really nice to do that in conjunction with my Indy Lights season,” Pedersen said. “IndyCar has been my target goal since I started open wheel racing in 2016. The racing, atmosphere, fans, events, tracks, etc. are all awesome.”