Wednesday, September 07, 2011

GreenBkk.com Formula 1 | Scuderia Toro Rosso confirms Cepsa sponsorship deal

Scuderia Toro Rosso confirms Cepsa sponsorship deal

By Jonathan Noble
Tuesday, September 6th 2011, 10:37 GMT

Scuderia Toro Rosso has announced a major sponsorship deal with Spanish oil company Cepsa, as AUTOSPORT predicted last week.

On the back of a developing relationship with Abu Dhabi's Aabar Investments, which has links with Cepsa and other sponsor Swiss bank Falcon Investments that arrived earlier this year, the team is enjoying a lift in its financial situation.

Cepsa logos will appear on the drivers' overalls, plus the nose, rear wing and rear endplates of the car from this weekend's Italian GP.

Team principal Franz Tost told AUTOSPORT last week that the improved sponsorship situation at Toro Rosso was good news for its hopes of moving forward.

"To build up the team, to bring in more people and to increase the performance, you also need a little bit more money," he explained. "We are fortunately in the position that some new sponsors are on board and, along with Red Bull, I am quite happy to have these companies on our side.

"With a better position in the Constructors' Championship too we will also have more money coming in, but at the same time we will also spend it."

Credit: AUTOSPORT.COM (www.autosport.com)

No comments:

Post a Comment