Connect with us

2014 F1

Maldonado denied his sponsorship backing ending report

Published

on

Pastor Maldonado at Monte Carlo, Monaco GP F1 2014

Pastor Maldonado at Monte Carlo, Monaco GP F1 2014


Pastor Maldonado has denied his sponsorship backing is ending.

Early this week, the new Venezuelan sports minister Antonio Alvarez warned the country will not spend “one more dollar” on motor racing.

But until now, 29-year-old Maldonado, famously close to Venezuela’s late president Hugo Chavez, has been powered by state millions through the oil company PDVSA.

For 2014, that lucrative backing was moved from Williams to Lotus, where Maldonado has endured a nightmare start to his fourth season on the grid.

But in Monaco on Wednesday, he denied that his PDVSA-fuelled F1 adventure is now ending.

“There was a very big misunderstanding in the media,” he is quoted by Brazil’s Totalrace.

“PDVSA gave no statement, (they) said nothing. It was the minister of sport who made the statement that it (the government) will cut the sponsorship of motor sport, which was already known.

“And it is not going to cut, it already did cut since last year, and with good reason because we know that some drivers stole money from the ministry of sports.

“How can we expect the government to follow this sport when drivers steal?” said Maldonado.

But he said any specific question about PDVSA’s involvement in F1 should be directed to the oil company, and to the recipient of the sponsorship, Lotus.

“It’s hard to know what will happen,” he explained, “because firstly PDVSA have said nothing and, second, I am a driver with no personal support; the sponsorship is for the team.”

Maldonado also said he has been unaffected by recent criticism of his driving in 2014, with fans on social media often ridiculing his regular involvement in incidents.

“At least someone is talking,” he smiled. “I’m used to having a lot of criticism.

“It’s ok. We live in a free world so everyone can say whatever.” (GMM)

Comments

Latest Results




Latest F1 News

2018 F12 hours ago

Sirotkin reveals his biggest problem with Williams’ 2018 car

Sergey Sirotkin has given more details about his biggest problem with Williams’ 2018 car. While the car is obviously uncompetitive,...

2018 F13 hours ago

F1 eyes 20-year deal for Miami Grand Prix

Yet another meeting could finally mean the green light for a grand prix in Miami. We have reported that Liberty...

2018 F11 day ago

Raikkonen could return to Sauber F1 for 2019

346SharesThe signs are growing ever stronger that Ferrari will have a new driver in 2019. Kimi Raikkonen admits that it...

2018 F11 day ago

Red Bull encourages Honda power to prepare for 2019 F1

1ShareRed Bull is encouraging Toro Rosso and Honda to help the senior energy drink-owned team prepare for 2019. Honda already...

2018 F12 days ago

Hamilton and Vettel Battling For The F1 Title

254SharesThe British Grand Prix at Silverstone is one that Lewis Hamilton and Mercedes have dominated for years and that trend...

2018 F15 days ago

Can Red Bull Challenge Mercedes And Ferrari?

24SharesSo, things didn’t exactly go to plan for Lewis Hamilton and Mercedes at Silverstone as the Brit made a disastrous...

2018 F15 days ago

Liberty working on securing future of British GP – Brawn

5SharesRoss Brawn says Liberty Media is working on securing the future of the British grand prix. Silverstone owner the BRDC...

2018 F15 days ago

Grosjean form ‘unacceptable’ – Haas F1

1ShareGunther Steiner says a “critical moment” could come amid his patience with struggling Haas driver Romain Grosjean. Frenchman Grosjean has...

2018 F15 days ago

No ‘negotiations’ with Raikkonen yet – McLaren

37Shares Zak Brown says McLaren has not yet opened contract talks with former team driver Kimi Raikkonen. It is rumoured in...

2018 F15 days ago

Wolff wants Hamilton beyond 2020

660SharesToto Wolff has revealed he wants to keep Lewis Hamilton at Mercedes even beyond 2020. Although not yet announced, it...




Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media