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Petrov signs new two-year Renault deal

Petrov will remain at Lotus Renault for two more years after agreeing a new contract with the Formula One team.
Petrov will remain at Lotus Renault for two more years after agreeing a new contract with the Formula One team.
STORY HIGHLIGHTS
  • Russian Vitaly Petrov signs a two-year contract to remain with the Lotus Renault team
  • Petrov will race alongside Poland's Robert Kubica in both 2011 and 2012
  • The 26-year-old finished 13th in the driver's championship with 27 points in 2010

(CNN) -- Russian driver Vitaly Petrov has signed a two-year contract to remain with the Lotus Renault Formula One team alongside Poland's Robert Kubica.

Petrov, the first Russian to compete in the sport, enjoyed a reasonable debut season in 2010, finishing 13th in the drivers' championship with 27 points.

"We are delighted to have Vitaly with us for two more years," Lotus Renault said in a statement on Wednesday.

"Last year he clearly showed on several occasions that he has the potential to achieve great things.

I am eager to continue working with this team and I am sure I can live up to the expectations they have of me
--Vitaly Petrov
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"It's just a case of putting it all together each weekend, at each race, and that will be his priority for 2011. Thanks to Vitaly and the team, Russia is opening up to Formula One."

The 26-year-old Petrov added: "I am eager to continue working with this team and I am sure I can live up to the expectations they have of me."

Russia is taking an increasing interest in the sport, and F1 supremo Bernie Ecclestone announced in October that a deal had been reached for the East European country to host a grand prix in Sochi from 2014 to 2020.

The news of Petrov's new deal came two weeks after Group Lotus plc announced it had acquired a major equity stake in the racing outfit once run by Flavio Briatore, with car manufacturer Renault deciding to sell its holdings in the financially-troubled French team.