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Toro Rosso signs CEPSA deal

ESPNF1 Staff
September 6, 2011 « Mallya wants double points finish | »
IPIC-linked Falcon and Nova have featured prominently on the Toro Rosso this year © Sutton Images
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Toro Rosso has agreed a new sponsorship deal with Spanish oil company CEPSA which will take immediate effect.

A deal has been in the pipeline for some time as the team strengthened relations with Aabar investments. Aabar has a stake in Falcon Private Bank, which had signed a sponsorship deal with Toro Rosso earlier this year, and Aabar's majority owner is the International Petroleum Investment Company (IPIC), and in turn IPIC also owns a significant stake in CEPSA.

The deal will see CEPSA branding on the Toro Rosso cars from this weekend's Italian Grand Prix at Monza, as a press release from the team confirmed: "From now on, the CEPSA logo will be visible on S├ębastien Buemi's and Jaime Alguersuari's race suits and on the nose, rear wing and rear wing endplates of the cars."

The tie-up with the Spanish company strengthens Alguersuari's position within the team, although no decision on Toro Rosso's 2012 driver line-up will be made until the end of the season.