
Earlier today Red Bull announced that their Scuderia Toro Rosso team will be racing with Ferrari V8-engines in 2007 and 2008 with an option to extend their contract for one further championship year. Todt has said he is pleased a deal has been signed with the Italian team.
Speaking about the contract Ferrari's new CEO Jean Todt said: "We are pleased to be embarking on a new long-term relationship with Scuderia Toro Rosso. It will allow us to strengthen our ties with the world of Italian motor sport and also to work with a team run by Gerhard Berger, our former driver and friend of Ferrari."
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