BMW confirms Intel deal

As we exclusively predicted yesterday, Intel has signed a major deal with the American chip-making firm Intel. The deal will include a technology partnership to develop BMW's worldwide IT infrastructure.

"Like the BMW Group, Intel also sets the highest standards of performance, innovation and quality for its products. For both companies, technological leadership is a fundamental goal," said BMW board member Burkhard Goschel. "This partnership stands to benefit our IT, our customers and our Formula 1 team."

As part of the deal, the two companies have agreed on the joint development of an open standard for the integrated operation of mobile devices in vehicles built by the BMW Group.

The BMW Sauber F1 Team and its new partners will present the new team in Valencia,

Spain on January 16-17.

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