New sponsor for Red Bull team

The word on the street in Austria is that Red Bull Racing will be sponsored this season by the Swiss engineering firm Oerlikon. The team says that it will have a major new technical partner and the indications are that this could be Oerlikon.

Established in 1906 as a machine tool company, Oerlikon is best known as the company that in 1914 created an anti-aircraft cannon which was so successful that it was used in both World Wars by both sides. Some of the derivatives of the original design are still used today. The company changed its name in 2000 to Unaxis but last year it was decided that the firm should return to its original name and it is in the process of undergoing a rebranding. Grandprix.com