LONDON – Alfa Romeo will become title sponsor of the SauberFormula One team next season as part of a multi-year technical and commercial partnership, both sides announced on Wednesday.

„This agreement with the Sauber F1 Team is a significant step in the reshaping of the Alfa Romeo brand, which will return to Formula One after an absence of more than 30 years,“ Fiat Chrysler chief executive Sergio Marchionne said in a statement.