23/09/2010
NEWS STORY
Mat Coch writes:
Currently leading the Constructors' Championship, Red Bull has announced that it has signed a new sponsorship deal with convenience store chain 7-Eleven for this weekend's Singapore Grand Prix.
Red Bull initially signed a deal with the convenience chain in 2009, the new deal coming on the back of last year's event. This year's deal will see both Red Bull drivers wear the company's logos on their overalls, while the cars will carry branding on their barge boards.
"It's great that we have re-signed this deal for a second year," said Red Bull boss Christian Horner in a statement.
Meanwhile, Mercedes is believed to be close to a deal with insurance company Allianz who formerly backed BMW. While nothing has yet been formally announced the deal could see an immediate redesign of the 2010 livery if the deal is signed before season's end.