Caterham F1 Team seems to be doing better in the boardroom than on the track. No championship points yet, but another sponsor has been added to the list. Russian Helicopters has become an official partner of the team, and the helicopter maker’s logos will be seen on the Caterham CT01 from the Monaco GP, which is the next race.

Vitaly Petrov drives for Caterham alongside Heikki Kovalainen. Petrov, who is Russian, was dropped by Lotus, and replaced veteran Jarno Trulli in the Caterham team. It’s no secret why this new sponsor came on board.

“Russian Helicopters are delighted to announce the start of our partnership program with Vitaly Petrov’s Caterham F1 Team. It is important for Russian businesses to support projects which positively raise the profile of Russian interests worldwide.

“And as Russian Helicopters is a global high-tech company it is a natural step for us to support Vitaly, as Caterham’s Russian driver, in his role in a high-tech sport which is enormously popular all over the world,” said Dmitry Petrov, General Director of JSC Russian Helicopters.

Moscow-based Russian Helicopters is a subsidiary of UIC Oboronprom, which in turn is a part of Russian Technologies State Corporation. It is the only helicopter design and production company in Russia. Over 8,000 helicopters of Soviet/Russian make are operated in 110 countries worldwide, with demand highest in the Middle East, Africa, Asia-Pacific, Latin America, Russia, and CIS countries.