Sauber has announced that Italian firm Alfa Romeo will become its title sponsor from 2018 onwards as part of an extended partnership with Ferrari.
The deal will reportedly include “strategic, commercial and technological cooperation” and “the exchange of engineering and technical know-how”.
It has been expected for some time now that Sauber would become a Ferrari B-team and take on Ferrari’s young drivers’ Formula 2 champion Charles LeClerc and third driver Antonio Giovinazzi, although it has not been confirmed who will drive under the Alfa Romeo Sauber name.
“This agreement with the Sauber F1 team is a significant step in the reshaping of the Alfa Romeo brand, which will return to Formula 1 after an absence of more than 30 years,” said Ferrari president Sergio Marchionne.
“A storied marque that has helped make the history of this sport, Alfa Romeo will join other major automakers that participate in Formula 1.
“The brand itself will also benefit from the sharing of technology and strategic know-how with a partner of the Sauber F1 team’s undisputed experience.”
Sauber was last in F1 over 30 years ago with a programme that ran from 1950-51 and ain from 1979-85.
Sauber chairmandPascal Picci said:
“Alfa Romeo has a long history of success in Grand Prix racing, and we are very proud that this internationally renowned company has chosen to work with us for its return to the pinnacle of motorsport,” he said.
“Working closely with a car manufacturer is a great opportunity for the Sauber Group to further develop its technology and engineering projects.
“We are confident that together we can bring the Alfa Romeo Sauber F1 Team great success, and look forward to a long and successful partnership.”