Although perhaps not one of the more surprising announcements to come from the World Series by Renault off-season, Pons Racing have finally confirmed that Miguel Molina will occupy one of their seats for 2007.

Having been the only team to have not revealed at least one of their drivers for the coming season, Pons nonetheless confirmed what many had already expected, with Molina making the move to the Spanish squad.

Just 17-years-old, the deal actually sees Molina return to Pons Racing having competed with them in the Formula Renault Eurocup in 2005, his tender years not getting in the way of a best of eighth place.

Moving up to Formula Three for 2006, Molina claimed sixth in the Spanish Championship, but also made his name in the World Series when he was signed to complete the second-half of the season with the struggling GD Racing, the Spaniard nonetheless impressing many with his pace in an unfamiliar car.

Duly earning a test with Pons following the season's conclusion, Molina went on to raise eyebrows by securing the fastest time at Valencia on his first attempt in the car, a performance that has convinced team boss Sito Pons that he is a potential title contender.

"We are delighted to be welcoming back Miguel to Pons Racing. Miguel is one of Spain's promising drivers and at 17 is already demonstrating he has the talent, mentality and certainty to be up there with the best

"This definitely shown during testing at Valencia last year where he was fastest ahead of several more experienced drivers. We trust him and fully believe he can be a candidate for the title."

Indeed, Molina is thrilled with the deal and has every faith that the team can return to form in 2007 after a disappointing 2006 that netted them only 11th in the standings.

"For me, this is a magnificent opportunity. I know how good the team is from their time in the World Series and I have never doubted at any moment that it was with them that I wanted to be.

"I will continue working hard to repay them for the confidence they have shown in me. I am tremendously excited with the new season and I am anxious to get behind the wheel and try out the car."

The identity of Pons' second driver remains unknown, although rumours suggest Molina's Spanish Formula Three team-mate Sergio Jimenez could be a possible candidate having tested for the team at Valencia last year too, although Tristan Gommendy, who competed in two meetings with the team at the end of the 2006 season, could also return.

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