Pennzoil have signed an agreement with Pedersen to become the team’s title sponsor and oil and lubricant partner.
The company based in Houston, Texas has signed a multi year agreement with the team to provide oils and lubricants and the organisation’s logo’s will appear on the cars of the FF1M and FF2M team’s from next season.
The team will now be known as Pennzoil Parmalat Pedersen Powerteam in line with the new agreement
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