Piquet name returns to Formula 1

Rumor has it that Brazilian Nelson Piquet Jr. has signed with Renault F1 to be the team's third driver in 2007. Together with McLaren protege Lewis Hamilton, Piquet Jr. has dominated this year's GP2 championship, and a move to Formula 1 has been expected since 2005, when he tested for Williams F1.

"Nelsinho" is the son of three-time world champion Nelson Piquet, who retired from Formula 1 in 1991. Interestingly, Piquet Sr.'s first world championship came with the Brabham team, then managed by none other than Bernie Ecclestone.

The rumor suggests that current third driver Heikki Kovaleinen will be promoted to race alongside Giancarlo Fisichella in 2007, after the departure of world champion Fernando Alonso for more lucrative pastures at McLaren. And this in turn suggests that Kimi Raikkonen will either stay at McLaren to race alongside Alonso, or move to Ferrari, possibly partnering with Michael Schumacher.

[Source: Le Blog Auto]

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