From GMM

As has been speculated in recent weeks, Pedro de la Rosa has now penned a two-year contract to race with the new Campos team beginning next season, the Spanish newspaper Diario AS reports.

The 38-year-old McLaren test driver's deal will reportedly be unveiled by the Spanish outfit at the European grand prix at Valencia next month.

Barcelona local de la Rosa, who has 72 grands prix under his belt but not a single F1 race since 2006, is to be perhaps joined at the Spanish team by Bruno Senna or the Mexican Sergio Perez, who drove for Campos in the recent GP2 Asia series.

Perez, 19, is also backed by Telmex, the telecommunications giant.