Renault may be hurt by the lack of horsepower. So I personally doubt it.
They are about 5 KPH slower in the straight line unless they make up for it in the curves --> Lesmos, Ascari and Parabolica
http://www.formula1.com/race/result/...ap/728/10.html
But then again Button scored the 6th quickest lap in Practice 2 with a speed 10 kph slower so maybe I am talking shit here