Lotus F1 Team sponsor Saxo Bank will have increased signage on the Enstone team’s two Renault-powered E22s at next weekend’s Monaco Formula 1 Grand Prix.

The Danish bank – which supports the racing career of Lotus test driver Marco Sørensen – has had limited on-track exposure since it joined the team at the start of the year, both on account of the placement of its stickers and the cars’ poor early-season reliability.

In a one-off deal, the company’s logos will take prominence on the sidepods of Romain Grosjean and Pastor Maldonado’s cars in the principality.

“We are delighted to take our relationship with Saxo Bank to the next level,” Lotus F1 deputy team principal Federico Gastaldi said.

“Both companies share a similar outlook and enjoy taking on the more established and bigger players in their respective domains, with an equal appetite for success.”

Lotus scored its first championship points of the season with Grosjean’s eighth-placed finish last time out at the Spanish Grand Prix.

Image via XPB Images

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.