Lauda signs new sponsor for red cap

(GMM) Niki Lauda has signed a replacement for his departed cap sponsor.

The great triple world champion ended his deal recently with the embattled Money Service Group.

But on Friday he was showing off his new red cap emblazoned with the logo of the Abu Dhabi investment company – and Mercedes GP co-owner – Aabar.

"We are proud to team up with one of the living legends of the sport," said Aabar board chairman Khadem Abdulla Al Qubaii.