F1: Telefonica to Sponsor Minardi
Motor racing - 17 Jan 2000
Minardi has received a massive boost with the confirmation of Telefonica as the team's main sponsor. The Spanish telecommunications financial input will allow the Italian team to complete the 2000 season without cashflow problems. Next year's team will be headed by Marc Gene who has been confirmed for this season after finishing 17th in 1999. His team-mate is expected to be announced before the end of January. In addition, Fondmetal has also bought from Cosworth the rights to develop the project and also receive the support of key personnel and equipment to produce and rebuild the 10-cylinder fitted to last season's car.