Renault announces Telefonica sponsorship

The Mild Seven Renault F1 Team today announced a substantial multi-year partnership agreement with Spanish telecommunications group Telefonica. The Renault F1 R24 will feature 'Telefonica' branding beginning at the Australian Grand Prix. "It is...

The Mild Seven Renault F1 Team today announced a substantial multi-year partnership agreement with Spanish telecommunications group Telefonica. The Renault F1 R24 will feature 'Telefonica' branding beginning at the Australian Grand Prix.

"It is a good boost for the team to welcome Telefonica on-board just before the start of the season," commented Managing Director Flavio Briatore. "Renault is a team with a strong international profile, and it is therefore a significant step for us to welcome a major Spanish company such as Telefonica as our Partner."

"We have had an extremely successful winter on the commercial front: this new Partnership marks the eighth new commercial agreement we have signed for 2004. Our testing pace has been promising, and we look forward to successful seasons ahead."

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Series Formula 1
Teams Renault F1 Team