zul 22 sports

Wednesday 7 September 2011

Toro Rosso Hold Sponsor of Abu Dhabi

Toro Rosso ties with Abu Dhabi's growing stronger. This is after the satellite team Red Bull that took oil company Cepsa as their new sponsor.

Cepsa, although the status of the Spanish company, the majority of its shares is owned by International Petroleum Investment Company (IPIC), a company formed by the Government of Abu Dhabi.

Reported by Reuters, IPIC also is the company that owns the factory Daimer car (Mercedes Benz) through its subsidiary, Aabar Investments.

It is worth noting, too, Aabar and IPIC also is the owner of two sponsors Toro Rosso, Falcon Private Bank based in Switzerland and Nova Chemicals, based in Canada.

After working with Cepsa signed, the logo will be on display at the Cepsa racing suit and the two Toro Rosso on the nose, rear wing and endplates back of their car.

She led Cepsa also gave rise to further speculation that Toro Rosso will soon be dominated by investors from Abu Dhabi. Currently, Toro Rosso are the property of Red Bull, but Red Bull reportedly intends to remove them.





fadli/detik

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