Connect with us

F1 top news

Mercedes tackles quit rumours with sponsor news

Published

on

Mercedes has hit back at rumours the German car-maker might pull out of formula one in the coming years.

Recently, team boss Toto Wolff slammed F1 pundit Eddie Jordan for suggesting Mercedes might quit as the major sponsorships of Petronas and UBS run out late next year.

But at Silverstone, Mercedes revealed that its title sponsor Petronas – the Malaysian oil company – is in fact staying on board beyond the end of 2018.

Mercedes said the “multi-year extension of the title partnership will cement more than a decade of partnership between Mercedes and Petronas”.

“We intend to stay the course,” said Petronas president Datuk Wan Zulkiflee Wan Ariffin.

“The partnership has given us very positive results for many years and I am pleased to announce the extension of the sponsorship contract with the team.”

Mercedes added: “Although this (2017) may be our sport’s final visit to Sepang for the foreseeable future, Petronas is committed to formula one and to Mercedes for the long term.”

Comments

Latest Results




Latest F1 News

2018 F14 weeks ago

Lauda announces 2019 grand prix return

Niki Lauda has allayed fears that he might not return to his post at the grands prix with Mercedes. In...

2018 F14 weeks ago

Sauber still building staff numbers – Vasseur

Sauber is still building up its staff numbers, boss Frederic Vasseur has revealed. The Swiss team almost collapsed two years...

2018 F14 weeks ago

Red Bull ‘will look to Verstappen’ in 2019 – Horner

Max Verstappen will have a more significant role at Red Bull next year. That is the view of Christian Horner,...

2018 F14 weeks ago

London could join Silverstone in F1 – Brawn

Ross Brawn says a grand prix in the centre of London would be “unacceptable”. But the F1 sporting chief thinks...

2018 F14 weeks ago

Kubica not offended by Vettel comments

Robert Kubica says he is not offended by comments made by quadruple world champion Sebastian Vettel. Ferrari’s Vettel said that...

2018 F14 weeks ago

Verstappen happy with Ricciardo replacement

Max Verstappen says he is happy with Red Bull’s pick for his new teammate. The Dutchman says he cannot understand...

2018 F14 weeks ago

Renault to keep working over Christmas

Staff at Renault’s works F1 team will work throughout the Christmas and New Year period. That is the news from...

2018 F14 weeks ago

Force India to launch 2019 car in Canada

Force India has become the second F1 team to announce a reveal date for its 2019 car. Ferrari boss Maurizio...

2018 F14 weeks ago

“it was a difficult experience, but it made me stronger,”- Sirotkin

Sergey Sirotkin says his aim is to return to formula one in 2020. The Russian has been replaced at Williams...

2018 F14 weeks ago

McLaren success is ‘long term’ aim – Sainz

Carlos Sainz says McLaren is aiming for success only in the medium to long term. The Spaniard says he is...




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