News Details
UBS reducing F1 sponsorship
Major Formula 1 sponsor UBS is scaling down its investment, after a high profile period at the pinnacle of the sport.
The Swiss based global financial services company entered Formula 1 in 2010 powered by its then chief executive Oswald Grubel.
But UBS is now headed by Sergio Ermotti, a Swiss banker, who last year commenced market research into the wisdom of Grubel's Formula 1 deal.
The Swiss newspaper Blick on Monday quoted a UBS spokesman as saying: 'We have always stressed that Formula 1 is a long-term commitment. We are very pleased with the partnership.'
The report said UBS has agreed a new, less lucrative contract with Bernie Ecclestone.
'We put the customer platform more in the...
Full Story »
Full Story »
12y ago from GrandPrix247.com
0
You May Also Be Interested In...
Analysis shows 2014 Spa pace faster than last year
F1 at Spa in 2014 was faster than in 2013
This year's Belgian Grand Prix...
12y ago from GrandPrix247.com
Van der Garde set for 2015 Sauber race seat
Giedo van der Garde
Sauber reserve driver Giedo van der Garde looks set...
12y ago from GrandPrix247.com
Frijns set to lose role as Caterham reserve
Robin Frijns
Talented Dutchman Robin Frijns looks set to return to GP2 as...
12y ago from GrandPrix247.com
Mattiacci ‘confirms' 2015 lineup yet again
Kimi Raikkonen and Fernando Alonso
Ferrari team principal Marco Mattiacci...
12y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda confirms Red Bull return as sponsor in MotoGP
No description available...
1h ago from Motorsport.com
Maverick Vinales: “I don't understand what KTM wants...
No description available...
3h ago from Motorsport.com
Why Francesco Bagnaia is ruling out repeat of Japan...
No description available...
2h ago from Motorsport.com
Marc Marquez denies anger on Austrian sprint podium:...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Ganassi on Lundgaard signing: “When is the last time...
No description available...
19h ago from Motorsport.com
IndyCar Officiating retains leadership into second...
The Independent Officiating Board, which officiates all aspects of the...
17h ago from MotorsportWeek.c...
IndyCar retains Independent Officiating Board...
No description available...
18h ago from Motorsport.com
Christian Lundgaard’s values as important as results...
Chip Ganassi Racing is embarking on a new chapter with it’s famed #9...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Dani Sordo explains co-driver change for WRC season...
No description available...
1d ago from Motorsport.com
Adrien Fourmaux eager to end WRC's Rally1 chapter in...
No description available...
1d ago from Motorsport.com
Sami Pajari’s wish ahead of WRC title decider, as...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Premier League winning midfielder is ready to reject...
Martin Zubimendi’s Arsenal future has come under fresh scrutiny, with...
2h ago from CaughtOffside.com
Rumble rumble …
Good morning everyone. The Man City stuff will rumble on and on, such is...
4h ago from Arseblog.com
Arsenal eye ambitious 70-80m transfer of Real Madrid's...
Arsenal are reportedly eyeing an ambitious transfer move for Real Madrid...
18h ago from CaughtOffside.com
'No way' – Former Arsenal star makes damning...
Former Arsenal left-back Armand Traore has aimed a clear dig at Viktor...
18h ago from CaughtOffside.com
Comments
Hottest News
F1: Audi reveals plans for new F1 HQ
Audi has revealed plans for a new Formula One... Read More »
51m ago from Pitpass.com
Mercedes and PETRONAS celebrate Formula 1 return to Malaysia
Mercedes marked Formula 1's return to Malaysia... Read More »
2h ago from GrandPrix247.com
Some technical insights ahead of the 2026 Formula 1 Bahrain...
Formula 1 teams face a tough technical challenge... Read More »
2h ago from GrandPrix247.com
