The Faenza-based squad confirmed on Tuesday that it has strengthened ties with the Abu Dhabi-backed Cepsa. Abu Dhabi government fund International Petroleum Investment Company (IPIC), which also owns stake in Daimler through state-owned subsidiary Aabar Investments, owns Cepsa. Aabar and IPIC in turn own Swiss-based Falcon Private Bank and Canada's Nova Chemicals who are both Toro Rosso sponsors. Although no financial details of the deal were released, the team revealed that Cepsa's logo will appear on the drivers' race suits and on the nose, rear wing and rear wing endplates of the cars from this weekend's Italian Grand Prix. Toro Rosso are currently owned by Red Bull but the Austrian energy drinks company is ready to offload the team and Spanish paper AS reported last week that Cepsa could become a full title sponsorship from 2012 and beyond.
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