Spanish Sponsors to Pay 2M Euros for Alguersuari Debut

The chances of Spanish teenager Jaime Alguersuari making his Formula One debut for Toro Rosso at the Hungaroring have received a boost on Thursday, after several media reports in Spain suggested two important sponsors are ready to pour some 2 million euros into STR's account in order to secure the Spaniard a racing seat for the upcoming 2 grands prix.

Media sources revealed that Spanish oil company Repsol – who was linked with the backing of Alguersuari ever since mid March – and Spain's leading savings bank La Caixa are ready to finance the British F3 champion for at least the Hungarian and European Grand Prix (the latter to be held in his native country Spain, at Valencia).

Also, it was suggested that the partnership between the two Spanish investors and the Faenza based outfit will likely continue until the end of the year, regardless of whether Alguersuari will still wear STR's driving suit or not.

As announced by one of Alguersuari's closest friends, Ferrari's test driver Marc Gene, the 19-year old Spaniard will arguably tackle his toughest challenge in his professional career. Following the arguments presented by GPDA's Pedro de la Rosa, Gene insisted that Alguersuari will practically debut in F1 without a single proper testing of the STR4 this season.

In addition, the Hungaroring is knows as one of the most technical track in the F1 calendar, with plenty of slow corners and lack of overtaking possibilities. The one point that stands in Alguersuari's favor seems to be the update brought to the STR 4 for the Hungarian Grand Prix, as it will feature a completely new aerodynamic package two weekends from now.