Sauber has confirmed that it has extended its deal with Telmex into the 2014 F1 season.

The news comes on the back of the announcement that Esteban Gutierrez has been retained for a second season, with the youngster agreeing terms on a deal that will see him partner Adrian Sutil in 2014.

Telmex has been a major backer of the Swiss oufit for a number of years, having first become involved with the team when it first brought Sergio Perez into F1.

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"We are proud that three years ago Telmex chose the Sauber F1 Team to enter Formula One with, and that our partnership has been an instant success," team boss Monisha Kaltenborn said. "We are very pleased to be able to continue the good cooperation, and think this is also a very good fit looking at a possible Grand Prix in Mexico.

"Telmex has been involved on different levels of motorsport for a number of years in various categories. We are pleased to be able to contribute to its vision on the top level of motorsports, and we are looking forward to further develop and strengthen our partnership with the corporation."

Telmex chairman Carlos Slim was delighted with news of the new deal, which will the telecommunications company continue to have a 'significant presence' on the Sauber cars.

"We at Telmex and Telcel are very proud to continue being part of the Sauber F1 Team to keep consolidating our successful history in motorsport, particularly in Formula One and our driver development programme for Mexican and Latin drivers such as Esteban Guti?rrez, a great young talent, friend and human being," he said.