The Minardi F1 Team is today very pleased to announce that it has signed an engine supply contract with Cosworth Racing for the 2006 Formula One World Championship season, with an option for 2007. The arrangement will see the Faenza team’s 2006 cars powered by a further development of the famous Northamptonshire company’s TJ 90-degree V10 engine. This follows the team’s initial experience of the TJ2005 power unit in recent tests of its new Minardi Cosworth PS05 at the Mugello circuit and during the San Marino Grand Prix weekend at Imola.

“Cosworth is delighted to be extending its partnership with Minardi into 2006, as it’s a team with which we have enjoyed a longstanding, and close relationship over the years,” says Cosworth Managing Director, Tim Routsis. “It’s also fair to say there are mutual benefits in such an arrangement. On the one hand, it has always been an integral part of Cosworth’s philosophy to test its products to the limit at the top levels of international motorsport. On the other, it is pleasing for our company, which is now an independent engine manufacturer, to continue to support one of the last true independent teams on the Formula One grid.”