News Details

Brazil pulls the plug on McLaren/Petrobras partnership

The Brazilian government is reportedly set to terminate the sponsorship deal between the McLaren F1 team and multinational oil company Petrobras. The Woking-based outfit welcomed Petrobras onboard as a technical and commercial sponsor at the start of the 2019 season. But in May, the future of the five-year deal, rumored to be worth approximately £150 million, was already put in jeopardy when Brazil's new president, Jair Bolsonaro, orders its termination. IndyCar all about 'commercially differentiating' McLaren - Brown What appeared back then as perhaps a case of political rhetoric has now apparently become an official decision enforced by Brazil's highest authority, according to a report...
Full Story »
4y ago from F1i.com 0
Share

You May Also Be Interested In...

Button seizes crown in Brazil after banner year

It's been ten years since Jenson Button conquered his world championship...
4y ago from F1i.com

Team Talk - Sunday in Suzuka

Alfa Romeo Antonio Giovinazzi "It was a difficult weekend for us....
4y ago from F1i.com

Kubica reportedly leaning towards Haas test role

Robert Kubica is reportedly leaning towards a Haas test driver role for...
4y ago from PlanetF1.com

When the chips fell the wrong way for Reutemann in...

The parking lot of the Caesar's Palace Casino in Las Vegas hardly...
4y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...

O’Ward retroactively given St. Pete win after Team...

The NTT IndyCar Series announced on Wednesday that all three Team Penske...
13h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.