Kevin Magnussen is set to replace Pastor Maldonado in Renault’s driver line-up for 2016, according to reports in the British press. Maldonado had been expected to remain with the team after their buyout of Lotus, where he was understood to pay around $30million for his seat. However, it is believed that his sponsorship has dried up, opening the door for Renault to make a change.
Magnussen made a stunning start in F1, scoring a podium finish in his debut race in 2014. However that was the height of his success and he was dropped to a reserve driver role the following year when the team opted to sign Fernando Alonso.
Magnussen’s McLaren career came to an end after the 2015 season when the team opted not to renew his contract.