Kevin Magnussen extends 2017 Renault Formula 1 deal deadline

Kevin Magnussen has given Renault two more weeks to decide whether to keep him on as a Formula 1 driver next season

Kevin Magnussen extends 2017 Renault Formula 1 deal deadline

Magnussen had expected Renault would exercise an option to extend his stay at the team into a second season before last month's Singapore Grand Prix, only to arrive at that race uncertain over his F1 future.

Renault target Sergio Perez recently committed to Force India for a fourth season, the French manufacturer has also been linked with a move for Toro Rosso's Carlos Sainz Jr, and is known to be assessing Mercedes junior Esteban Ocon's performance at Manor.

Magnussen and rookie team-mate Jolyon Palmer are also still in the frame, and Magnussen hoped offering the team more time to decide, despite the fact he is technically now free to look for a drive elsewhere, would highlight his commitment to Renault's cause.

"It shows very clearly that I want to continue here," he told reporters in the Suzuka paddock.

"We've had good dialogue, positive conversations. I know what the situation is, more or less. I've given them more time to get things sorted.

"That's what I wanted to signal, to say I'm willing to wait. I've given them two weeks. Hopefully there will be a decision by those two weeks.

"I understand the situation. It's very clear that I believe this team will go very far and I hope I can continue here for a long time."

Magnussen hinted the delay might relate to commercial considerations, with Renault currently investing in expanding the infrastructure at its Enstone base.

"It's hard to know what's going on sometimes, but as ever Formula 1 is a commercial sport and it's no secret that my commercial value is a bit lower than perhaps other drivers," Magnussen added.

"I have very good partnerships and sponsors, I'm very grateful for their support, but some of the other drivers have an unbelievable amount of [financial] support.

"Hopefully the decision will be taken from talent and not from money."

Renault has scored points in each of the past two grands prix, and Magnussen said on-track improvements with an underdeveloped car give him confidence that Renault is a good place to be for next year.

"Everyone is excited because you can see we're improving on a car that actually isn't really developing," he explained.

"We're getting more out of it, learning more, getting procedures right, pitstops are getting faster, strategies are starting to be very good.

"There's a lot of stuff in place that when we get a fast car I feel comfortable we should be able to extract everything out of it. It's very encouraging."

shares
comments
Sergio Perez keeps 2018 F1 options open after new Force India deal

Previous article

Sergio Perez keeps 2018 F1 options open after new Force India deal

Next article

Honda now getting more creative with F1 engine, Alonso feels

Honda now getting more creative with F1 engine, Alonso feels
Load comments
How Monza only added more questions to F1's sprint race conundrum Plus

How Monza only added more questions to F1's sprint race conundrum

With two sprint races under its belt, Formula 1 must now consider its options for them going forward. While they've helped deliver exciting racing on Sundays, the sprints themselves have been somewhat lacking - creating yet another conundrum for F1 to solve...

Who should Alfa Romeo sign for 2022's F1 season? Plus

Who should Alfa Romeo sign for 2022's F1 season?

OPINION: With Valtteri Bottas already signed up for 2022, all eyes are on the race for the second seat at Alfa Romeo next year. Antonio Giovinazzi is the current incumbent, but faces a tough competition from appealing short and long-term prospects

Formula 1
Sep 15, 2021
The "forced break" that was key to Ricciardo's Monza excellence Plus

The "forced break" that was key to Ricciardo's Monza excellence

OPINION: Daniel Ricciardo has long been considered one of Formula 1’s elite drivers. But his struggles at McLaren since switching from Renault for 2021 have been painful to watch at times. Yet he’s recovered to banish those memories with a famous Monza win – built on a critically important foundation

Formula 1
Sep 14, 2021
How Verstappen is ruining his F1 title battle with Hamilton Plus

How Verstappen is ruining his F1 title battle with Hamilton

OPINION: The Italian GP clash between Lewis Hamilton and Max Verstappen followed a running theme in the 2021 Formula 1 title fight. Their close-quarters battles have often resulted in contact - and although Hamilton has shown a willingness to back off, Verstappen must learn to temper his aggression

Formula 1
Sep 14, 2021
Italian Grand Prix Driver Ratings Plus

Italian Grand Prix Driver Ratings

Two drivers produced maximum-score performances as, for the second year in a row, Monza threw up an unpredictable result that left several others ruing what might have been

Formula 1
Sep 13, 2021
Why Ricciardo was set for Monza F1 triumph even without Verstappen/Hamilton crash Plus

Why Ricciardo was set for Monza F1 triumph even without Verstappen/Hamilton crash

The clash between Max Verstappen and Lewis Hamilton was the major flashpoint the 2021 Italian Grand Prix will be remembered for. Yet by this point, race leader Daniel Ricciardo had already done the hard work that would put him in position to end his and McLaren's lengthy win droughts, on a memorable afternoon in Monza

Formula 1
Sep 13, 2021
Why Italian GP success is on for McLaren even if Verstappen dominates Plus

Why Italian GP success is on for McLaren even if Verstappen dominates

For the second time in 2021, McLaren will line up for the start of a grand prix from the first row. It knows it has the chance of “glory” if things go well for Daniel Ricciardo and Lando Norris at the start of the 2021 Italian Grand Prix, but even if they just maintain their grid positions, signs from the rest of the Monza weekend suggest success is very possible for Formula 1’s other orange army

Formula 1
Sep 12, 2021
The F1 media favourite who lifted a broken Lotus Plus

The F1 media favourite who lifted a broken Lotus

Graham Hill was nearly 30 when he made his Formula 1 debut. NIGEL ROEBUCK examines the life of a gifted racer whose talismanic personality defined an era

Formula 1
Sep 11, 2021