Wilson Security has signed a two-year deal to become the naming rights sponsors of Volvo Polestar Racing.
From next season the Melbourne-based squad will be known as Wilson Security Racing GRM as part of the arrangement.
The new alliance was officially announced at the Castrol Edge Gold Coast 600.
Sydney-based property developers Payce Consolidated have also tied up a sponsorship deal with the Volvo outfit.
Wilson Security have been title sponsors of the Dick Johnson Racing team this season, which is set to be transformed into DJR Team Penske next year.
“Synergies between brands are often spoken about in situations like this, but we’re genuinely excited about this partnership as we can see clear opportunities for all parties,” said John McMellan, Chief Executive Officer Asia Pacific for Wilson Security.
“We have been keeping a close eye on Volvo and Polestar’s progress in their debut season of the V8 Supercars Championship, and it’s not often you get the opportunity to partner with a global luxury car manufacturer so we’re looking forward to it.”
“2014 has been a year of great change at GRM with our partnership with Volvo and Polestar,” said team boss Garry Rogers.
“2015 is a new chapter and we are certainly proud to represent an iconic brand such as Wilson Security – we welcome them and Payce in joining Valvoline at GRM, all tremendous supporters of Australian motorsport.”
The team are yet to unveil the identity of the driver who will partner Scott McLaughlin next season, but it appears David Wall could be in the frame for the seat, having links with sponsors Wilson Security and Payce Consolidated during his career.