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Pictures | Mon Nov 5, 2012 | 1:41pm EST

Renault taps into F1 renown with sports car deal

Carlos Ghosn (L), Chairman and CEO of the Renault-Nissan Alliance, and AirAsia Group CEO and Caterham Group Chairman Tony Fernandes shake hands over an Alpine sports car after a press conference in Boulogne-Billancourt, near Paris, November 5, 2012. REUTERS/Julien Muguet

Carlos Ghosn (L), Chairman and CEO of the Renault-Nissan Alliance, and AirAsia Group CEO and Caterham Group Chairman Tony Fernandes shake hands over an Alpine sports car after a press conference in Boulogne-Billancourt, near Paris, November 5, 2012....more

Carlos Ghosn (L), Chairman and CEO of the Renault-Nissan Alliance, and AirAsia Group CEO and Caterham Group Chairman Tony Fernandes shake hands over an Alpine sports car after a press conference in Boulogne-Billancourt, near Paris, November 5, 2012. REUTERS/Julien Muguet
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Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, speaks during a Renault and UK specialised sports carmaker Caterham Group press conference in Paris November 5, 2012. Renault and Caterham announce their joint venture to develop sports cars and planned to launch one model each within four years that will be made at Renault's plant in Dieppe and marketed under the Alpine brand which the French car maker is reviving after the sports cars' success in the the 1970's . REUTERS/Julien Muguet

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, speaks during a Renault and UK specialised sports carmaker Caterham Group press conference in Paris November 5, 2012. Renault and Caterham announce their joint venture to develop sports...more

Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, speaks during a Renault and UK specialised sports carmaker Caterham Group press conference in Paris November 5, 2012. Renault and Caterham announce their joint venture to develop sports cars and planned to launch one model each within four years that will be made at Renault's plant in Dieppe and marketed under the Alpine brand which the French car maker is reviving after the sports cars' success in the the 1970's . REUTERS/Julien Muguet
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