May 26th, 2013 (F1Plus / GMM) Toro Rosso's new engine supply deal with Renault was announced on Sunday morning.
The news, announced in Monaco by Renault president Carlos Ghosn, means both of Red Bull's F1 teams will be powered by the French marque's V6 engines in 2014 and beyond.
Toro Rosso has used Ferrari's V8 engine since 2007.
"Strategically for Red Bull and Renault, it makes perfect sense for Toro Rosso to use the same power unit as Red Bull Racing from the 2014 season, which enables synergies between Red Bull and Renault to continue to grow," said Red Bull team boss Christian Horner.
This is the second engine-related announcement so far this season. McLaren confirmed recently that they will use Honda engines from 2015 when the famous Japanese manufacturer returns to Formula One. It is also widely accepted that Williams will be using Mercedes engines from next season, although there has been no official announcement to that effect.
Engine mounting is now standard in Formula One, which makes it much easier to change engine suppliers without having to make major modifications to the chassis. That means that the teams can work on their 2014 cars without necessarily having to decide on their engine supplier until later in the season. There are likely to be more engine partnerships announced towards the end of the year.