Wednesday January 31st, 2001
Repsol have ended their sponsorship of the Arrows team but want to help Pedro de la Rosa remain in Formula One, the Spanish oil company said on Wednesday.
Arrows announced earlier that the Spanish driver had been replaced by 22-year-old Brazilian Enrique Bernoldi for the new season which starts in Australia on March 4.
"Repsol wishes to keep a variety of options open in order to allow Pedro de la Rosa to continue as a Formula One driver," the oil company said in a statement.
Repsol said a proposed sponsorship deal had proved unacceptable to Arrows: "After both parties came close to reaching an agreement, Arrows decided unilaterally to end the negotiations," it said.
Repsol said that at the start of the talks they had put forward a proposal to reward Arrows on the basis of results. Arrows scored just six points last season and finished seventh overall in the championship.