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Magnussen to replace Maldonado at Renault for 2016 - Report

Kevin Magnussen is poised to replace Pastor Maldonado at the Renault F1 team for the 2016 season, Autosport reports. Doubt was recently cast over Maldonado’s future in F1 due to late payments from sponsor PDVSA - Venezuela’s state oil and gas company - and a steep decline in oil prices. Maldonado was confirmed for a third season at the Enstone-based squad in September but Autosport understands a disagreement between Renault and PDVSA has led to the cancellation of his contract. Sources say Magnussen is set to sign a deal with Renault over the next few days and will be officially announced as one of its drivers, partnering rookie Jolyon Palmer, at a launch event in Paris next...
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