Prost Grand Prix announces engine-name partner

St Quentin en Yvelines, February 22nd 2001 - Prost Grand Prix is delighted to announce the arrival of ACER, one of the major player in the Information Technology market, as partner of the team. Starting with the 2001 Formula One season, the Prost Grand Prix’s engine supplied by Ferrari will be badged and officially named "ACER", and the team and its contender, the AP04, will enter the F1 Championship under the name of "PROST ACER."

Established in 1976, ACER is the world-leading PC manufacturer offering a broad range of PC-products from industry-leading high-end PC servers and multimedia desktop computers, to notebooks, computer peripherals and components. ACER is also a leading Internet-enabler, offering Internet component technologies, devices and services as well as providing end-to-end solutions.

The ACER Group employes nearly 35 000 people in 193 enterprises spanning 42 countries worldwide, supporting dealers and distributors in over 100 countries.

"Innovation and Technology – said Gianfranco Lanci, President of ACER Europe – have always characterized both worlds of Formula One and Information Technology, and have led to the development of technologies that are found in day-to-day appliances. We are confident that our sponsorship with a promising team such as Prost Grand Prix will boost the visibility of the ACER Brand, and will strengthen our position as one of the leaders of the Personal Computer market."

Alain Prost said: "I am proud to have brought into Formula One, once again, a new brand name, leading technology company ACER."

"ACER’s fresh enthusiasm and determination match perfectly the feelings of our renewed and remotivated team."

"Our fields," he continued, "share the same philosophy and objectives: a drive for excellence and achievement. Together we look forward to a long-term successful partnership."

- Prost Grand Prix