Budweiser beer is the latest sponsor of Formula One racing team Williams.

US brewer Anheuser-Busch said that Budweiser’s traditional red logo would be replaced by a blue logo on the BMW-powered cars driven by Juan Pablo Montoya to match the Williams team colours. The new livery will be unveiled at the British Grand Prix at Silverstone this Sunday.

No financial details of the multi-year agreement were disclosed.

Williams’ other sponsors are computer firm HP and German insurance company Alliance.