Petronas, the Malaysian national oil company, was today announced by Mercedes as the title sponsor for the Mercedes GP Formula 1 team next season.
The oil company had earlier last week announced that it was pulling out of Formula 1 and would not be sponsoring any F1 team for the 2010 season. They had previously sponsored the BMW-Sauber team and will remain the main backer of the Malaysian GP at Sepang - third round of the season to be held on April 4, 2010.
The team formerly known as Brawn GP, will now be officially named Mercedes GP Petronas.
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