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Tata to sponsor Ferrari

Indian technology giant Tata Consultancy extended its sponsorship deal with Formula One team Ferrari.

Indian technology giant Tata Consultancy extended its sponsorship deal with Formula One team Ferrari.

Under the deal, Tata Consultancy Services (TCS) will display its logo on Ferrari cars during the 2009 season.

In a statement to the press, TCS, said: "TCS has entered into a historic agreement with Ferrari for an enhanced technology and marketing partnership".

The financial terms of the deal were not disclosed. TCS has been a technology partner of the Ferrari team since 2005.