Mercedes GP has announced a long-term agreement with Petronas for the Malaysian oil company to become the title sponsor of the team. The aim is for the team to launch its new car on February 1 in Valencia.

“We are very pleased to begin our long-term partnership with our new title

partner Petronas,” said Mercedes’s Norbert Haug. “Mercedes-Benz and Petronas will work together both on and off the track and I am sure that everybody involved will guarantee their absolute dedication to success.”