Petronas to be Mercedes GP’s title sponsor
December 21, 2009
OXFORD, England (AP)—Mercedes GP has signed a long-term agreement withMalaysia’s national oil company Petronas to become the title sponsor of theFormula One team.
Financial details or the length of the deal were not disclosed in theannouncement Monday.
The new Silver Arrows and Petronas branding will appear on the Mercedes carwhen it makes its track debut at Valencia on Feb. 1 for the first of thepreseason tests.
Petronas also sponsors the Malaysian Grand Prix, which is schedule for April4 at the Sepang International Circuit.
Mercedes-Benz has returned to F1 racing under its own name for the firsttime in 55 years by buying Brawn GP, which won the drivers’ and constructors’championship last season.
