BRIEF-Motor racing-CNN to sponsor Lotus F1 team

LONDON, March 2 Tue Mar 2, 2010 10:15am GMT

Related Topics

Quotes

   

LONDON, March 2 (Reuters) - CNN International will sponsor Lotus F1 in a long-term deal, the new Malaysian-backed Formula One team said on Tuesday.

The agreement will see the news network's branding on the race cars, drivers' overalls and all team clothing from this season.

Lotus team principal Tony Fernandes said the deal was a "sign of the positive impact we have already made in the global business market that such a prestigious brand... has made the decision to partner with us".

No financial details were given. (Reporting by Alan Baldwin; Editing by John O'Brien; To query or comment on this story email sportsfeedback@thomsonreuters.com)

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.