The deal will see the Swiss squad renamed Alfa Romeo Sauber F1 Team from 2018, with the car bearing the Alfa Romeo logo and being equipped with 2018-spec Ferrari engines.
“This agreement with the Sauber F1 Team is a significant step in the reshaping of the Alfa Romeo brand, which will return to Formula 1 after an absence of more than 30 years,” said Ferrari chairman Sergio Marchionne, who also acts as CEO of Alf’s parent company Fiat Chrysler Automobiles.
“A storied marque that has helped make the history of this sport, Alfa Romeo will join other major automakers that participate in Formula 1. The brand itself will also benefit from the sharing of technology and strategic know-how with a partner of the Sauber F1 Team’s undisputed experience.
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