Renault's 2009 F1 car.

Renault will race on in Formula One next years as the French car company sold most of the shares of the F1 team to Luxembourg businessman Gerard Lopez and retained only 25%.

Lopez’s Genii Capital investment company will now run the team, which will continue to race as Renault F1, the BBC reports. Lopez will own 75% of Renault’s chassis design and construction base in Enstone in Oxfordshire. Renault will retain total control over their engine manufacturing base in Viry-Chatillon on the outskirts of Paris.

Renault also said they would continue to supply engines to Red Bull in 2010.

Renault’s statement made no mention of drivers – but they are expected to retain the highly-rated Pole Robert Kubica, who they signed to lead the team following the departure of double world champion Fernando Alonso to Ferrari.

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