Caterham Renault deal due next week, says Fernandes

Tony Fernandes is on the verge of announcing that Caterham will continue with Renault power into the turbo era.

While it is no great surprise an official confirmation will help to clarify the 2014 engine picture. Also expected soon is news on Toro Rosso going to Renault, and Williams joining forces with Mercedes.

“We’ve had great meetings today with Renault,” Fernandes told this writer. “I think in the not-too-distant future we will be announcing lots of things with Renault, so it’s looking good.”

Asked whether he had actually signed the deal he said: “Hopefully next week.”

Meanwhile Caterham enjoyed its best day of the season so far as Giedo van der Garde qualified 15th in Monaco.

“I’m really pleased. It’s been a long time coming! We knew we had good race pace but we thought in qualy we weren’t there. But I feel things are finally beginning to come together. So good for the team, a good morale boost.”

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