9:14am Monday 21st December 2009
The Brackley-based Mercedes GP team has signed a long-term agreement with Petronas which will see the Malaysian national oil and gas company become the title partner to the new Silver Arrows works team.
From 2010, the new team will compete in the FIA Formula One World Championship as the Mercedes GP Petronas Formula One Team and will carry the distinctive Petronas branding across the car and team liveries.
Leveraging Mercedes-Benz's rich motorsport heritage and the long-standing involvement of Petronas in Formula One, the new title partnership also paves the way for future collaborations between the two companies.
For Petronas, the partnership will enable the oil and gas giant to generate sustainable business growth, particularly in their downstream lubricants market, through the strategic partnership and business alliance with Mercedes-Benz, one of the most prestigious global automotive brands.
The Mercedes GP Petronas Formula One Team's challenger for 2010 will make its track debut in its new livery at Valencia on February 1, 2010, for the first of the pre-season tests ahead of the 2010 Formula One season.
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