Auto's & Moto's » world motor sport http://blog.automoton.info The comprehensive USA blog on automotive news. Fri, 30 Jul 2010 07:55:01 +0000 http://wordpress.org/?v=2.3.1 en hourly 1 Tata signs sponsorship deal with Ferrari http://blog.automoton.info/2008/12/tata-signs-sponsorship-deal-with-ferrari/ http://blog.automoton.info/2008/12/tata-signs-sponsorship-deal-with-ferrari/#comments Thu, 18 Dec 2008 06:34:58 +0000 admin http://blog.automoton.info/?p=226 MUMBAI (AFP) — Indian technology giant Tata Consultancy announced on Thursday a sponsorship deal with Formula One team Ferrari, bucking predictions that the sport could collapse in the global economic crisis.

Tata Consultancy Services (TCS) will display its logo on Ferrari cars during the 2009 season, a company statement released in »» Learn more:

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  2. Ferrari 430 16M Scuderia Spider Makes Debut at 2008 Bologna Auto Show
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  4. Ferrari values succumb to recession
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]]> MUMBAI (AFP) — Indian technology giant Tata Consultancy announced on Thursday a sponsorship deal with Formula One team Ferrari, bucking predictions that the sport could collapse in the global economic crisis.

Tata Consultancy Services (TCS) will display its logo on Ferrari cars during the 2009 season, a company statement released in Mumbai said.

“TCS has entered into a historic agreement with Ferrari for an enhanced technology and marketing partnership,” it said, without giving financial details of the deal.

Last week Formula One agreed cost-cutting measures following a meeting of the FIA World Motor Sport Council in Monaco.

The sport’s governing body is clamping down on costs as it struggles to survive the global credit crisis.

Honda’s recent shock withdrawal from the Formula One raised fresh fears over the future of the multi-million dollar sport.

TCS has been a technology partner of the Ferrari team since 2005.
Source

Learn more:

  1. Tata Nano hybrids coming, maybe even to US
  2. Ferrari 430 16M Scuderia Spider Makes Debut at 2008 Bologna Auto Show
  3. Ferrari chief ’sorry’ about Honda pullout
  4. Ferrari values succumb to recession
  5. How To Get A Better Deal On Your Car Insurance

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