Renault to make full F1 return in 2016 - statement

French car maker Renault will return to Formula One as a full constructor next year after agreeing key contracts to acquire the Lotus team, the company said in a statement on Thursday. "Renault had two options: come back 100 percent or leave completely," Chief Executive Carlos Ghosn said in a statement. "After detailed analysis, I made my decision: Renault will be present in Formula One from 2016." Renault signed a letter of intent in September to take a controlling stake in British-based Lotus,