NOVEMBER 24, 2005

BMW confirms Petronas cash

It is no big surprise but Petronas, the Malaysian national oil company, has agreed to remain as the principal sponsor of the BMW Sauber team until 2009. In the past the company has been the title sponsor and has also owned the naming rights of the Ferrari V10 engine.

The team, which has yet to decide on its second and third drivers, will be launched in Valencia in Spain on January 16 and 17.