
The Willliams F1 team announced that it has signed a new multi-year sponsorship agreement with Dutch company Philips Shavers. The team extended the contract with Philips until the end of the 2010 F1 season.
The Philips Shavers brand will now appear on the back of the team's shirts as well as existing branding positions on the nose of the car and on the team's overalls. In addition to Official Sponsor Designation, use of logo and team imagery, Philips Shavers also has promotional rights via both team drivers, Nico Rosberg and Kazuki Nakajima.
In 2008, Philips Shavers enters its third season as a sponsor of the AT&T Williams team.
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