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Dec.18 - Jolyon Palmer has warned that Renault may not shine immediately as the carmaker returns to full works status in formula one next year.

It was amid Lotus' financial troubles that the Enstone team's Friday driver was promoted to a full race seat for 2016.

Since the buyout, Renault CEO Carlos Ghosn has cast doubt on whether Palmer and Pastor Maldonado will actually race, but the British driver sounds confident.

"Renault coming in is huge, because this team would be insecure without them," he told the January edition of F1 Racing magazine.

"It's been tough going, but the shareholders have been working through things. Renault coming in is good for the sport and exciting for me next season.

"I don't think there'll be fireworks straight away, but they'll secure the team financially and will be fully motivated to do a good job," Palmer added.

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