Renault Sport Racing has added Verizon Media as a sponsor to its Formula One team.

The two-year deal will see the logos of the media and technology company and its global brand Yahoo! feature on the cars of the Renault F1 team.

Antoine Magnan, head of partnerships for Renault Sport Racing, said: ‘’Verizon Media clearly shares our passion for innovation and we look forward to working with them to promote some of their prestigious and international brands. We are also delighted to welcome such a premium company to our ever-increasing portfolio of valued partners.”

The Renault F1 team portfolio is extensive, it includes; insurance firm Mapfre, banking and services company RCi, Nissan’s luxury vehicle division Infinti, oil multinationals BP and Castrol, and chemical multi-national Dupont.