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Renault have confirmed Kevin Magnussen will partner Britain’s Jolyon Palmer for the 2016 Formula 1 season.
The 23-year-old has been handed the seat after Pastor Maldonado's Venezuelan sponsors failed to meet their contract deadlines.
The Dane, who McLaren dropped as their reserve driver at the end of last season, was unveiled by Renault alongside the team's new car, the RS16, at a launch event in Paris on Wednesday.
Magnussen finished second in his first-ever Formula 1 race, the 2014 Australian Grand Prix, the best result for a debutant in 18 years, but subsequently suffered some indifferent form and was surpassed by GP2 champion Stoffel Vandoorne in the McLaren pecking order.
"Hopefully I'll prove many points. I'm extremely motivated after a whole year away," he said.
"I've been sitting on the sideline during the races for so many weekends and I'm hungry to come back and prove my worth. I've raced my whole life and I'm extremely hungry and keen to get in a race car again and even more so with Renault Sport!"
Magnussen has not raced since November 2014 but insists he is "physically ready" to drive a whole season for Renault.
"I have a lot to give," he added.
"I've been connected to a top Formula 1 team for five years and three of those were in Formula 1 in driving and testing capacities.
"Despite just one season racing, I've got good experience. I can't wait to get started at a great project such as a Renault factory team. I'm pleased to be a part of it."