Pirelli is to become the title sponsor for both the Spanish Grand Prix and the Hungarian Grand Prix in 2014, it has been confirmed.

The Italian firm, sole supplier for the F1 World Championship, will lend its support to both European rounds and will be known as the Gran Premio de Espana Pirelli (Spain) and the Pirelli Magyar Nagydij (Hungary).

Pirelli's contract as tyre supplier continues until the end of the 2016 season.

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