The Australian Grand Prix organisers have managed to secure a new title sponsorship deal, despite the current dispute between themselves and the governing motorsport body, CAMS.
The countries national airline, Qantas, has decided to renew its sponsorship deal which started this year, through 2011.
“We are proud to renew our naming rights sponsorship of the 2011 Formula 1 Qantas Australian Grand Prix,” said Qantas CEO Alan Joyce. “Qantas has been associated with the Australian Grand Prix for 25 years and we are especially looking forward to next year’s event with Qantas as the premier partner.
“As a committed supporter of Australian sport, we are delighted to be continuing our active involvement in one of the highlights of the national major events calendar.”
Qantas has previously been the title sponsor of the race between 1997 and 2001.
