Luca de Meo, Renault Group CEO notes that: "Alpine is the brand for motorsport and state-of-the-art technology enthusiasts. Excellence is its focus. Only two years ago, Alpine was in a dead-end, lacking clear perspectives. Since then, we have turned it into a fully-fledged car manufacturer, bringing together outstanding assets: a top-class engineering center, a unique manufacturing know-how, expanding distribution network. On top of it, Alpine's entry into F1 prepares it to reach new heights, offering the brand the prestige and recognition attached to the pinnacle of motorsport."