Williams has announced that Royal Bank of Canada has joined its "family of team partners" for the 2020 season.

The global financial institution's logo will be seen on the nose of the FW43, while its branding will also be featured throughout the Williams garage and hospitality areas, on teamwear and the drivers' race suits.

"As a proud supporter of youth and young athletes, RBC is dedicated to helping Canadian athletes pursue success at every stage of their careers," reads the press release. "RBC welcomed 24-year old Canadian racer Nicholas Latifi as a Team RBC ambassador in 2014 and is now proud to support the team that he will make his competitive Formula One debut with at the Australian Grand Prix on 15 March."

"We are delighted that RBC has partnered with the team for the 2020 season," said Claire Williams. "Formula One is a sport on a world stage and we're proud to partner with a global financial institution that is passionate about helping young athletes achieve success in all forms of sport."

"Unlocking the potential of youth and young athletes is a priority at RBC," added said Matt McGlynn, Vice President, Brand Marketing, RBC, "and this partnership will allow us to continue to support talented Canadian racer Nicholas Latifi as he makes his debut this spring with Formula One.

"We look forward to working with our partners at ROKiT Williams Racing in 2020 and cheering on Nicholas from his home country."