Real Madrid president Ramon Calderon has said the Spanish football club has reached an agreement with a top Formula One team for next season.
The deal, according to Calderon, will mean the team will sport a completely white livery with Real Madrid's logo during next year's Spanish Grand Prix.
"It's a very nice project and the design is already done, with the cars painted all white and the Real Madrid logo," Calderon was quoted as saying by Marca.
The Spaniard did not name the team but said it was a winning one.
"The deal is with a team that fights for victories. Besides, it will be especially nice to race in Barcelona with a very big logo," he added, in a reference to Real Madrid's biggest rivals, FC Barcelona.
Last year, one of Calderon's rivals in the fight for Real Madrid presidency, promised he would sponsor Fernando Alonso's Renault if he won the election.
The Spanish driver, a confessed Real Madrid fan, will move to the McLaren team next year.