Vitaly Petrov is to hold a press conference in Russia next week to announce his future involvement in Formula One.
The Renault driver is widely expected to confirm his position at the newly named Lotus-Renault for the 2011 season at the meeting.
Renault are yet to make a formal announcement, however Petrov’s official website confirmed that a conference would be taking place on Wednesday at the Press Centre of Television and Radio Russia in which he says he’ll ‘share his plans for the future.’