NOVA Chemicals will continue as a 'sponsor' of Toro Rosso

Canadian plastics company NOVA Chemicals will remain with Scuderia Toro Rosso as a sponsor for the third successive season, the Faenza-based team has announced.

“We are delighted that NOVA Chemicals will be with us for another season,” Scuderia Toro Rosso team principal Franz Tost said in today’s announcement.

“Continuity is a vital component for success in Formula 1 and that is as true on the commercial front as it is on the technical side. We look forward to a successful and exciting season together.”

The announcement is hardly a great surprise, given that NOVA Chemicals – along with fellow STR sponsors CEPSA and Falcon Private Bank – are all subsidiaries of the United Arab Emirates’ International Petroleum Investment Company (IPIC) oil conglomerate, which is believed to be a minor shareholder in the team.

After a troubled 2012 season where the team finished ninth overall in the Constructors’ Championship standings, the team will be targeting a significant improvement in their results heading into 2013. The team will launch its STR8 challenger on February 4.

Buy NOW from the RichardsF1.com Store!

The following two tabs change content below.

Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.

Latest posts by Richard Bailey (see all)

Share