The Arrows Formula One team today announced a £70million sponsorship deal with mobile phone giant Orange. The deal will last for three years and sees the team renamed the Orange Arrows F1 team, with the cars being painted bright orange. Arrows team owner Tom Walkinshaw predicted a bright future for the perennial strugglers, and said he had faith in drivers Pedro de la Rosa and Jos Verstappen to perform well this season. "The car has been very good in all the winter testing so I will be very surprised if we do not finish in the top five of the constructors' championship this year," he said.