Trust returns to F1 with Spyker

As reported on autosport.com The Spyker F1 team have added Trust to their sponsor portfolio for the 2007 Formula One season. Trust returns to Formula One three years after its last F1 partnership with the Jordan team, later renamed Midland before Spyker took over. The Dutch brand, manufacturers of portable peripherals, entered Formula One with [...]

Australian GP to be sponsored by ING

As reported on autosport.com The opening race of the 2007 season will be titled the Formula One ING Australian Grand Prix after organisers announced a three-year naming rights partnership with the financial services company today. ING, which has also recently entered into a three-year deal with the Renault team, will be the principal sponsor for [...]

Spanish bank to sponsor McLaren

As reported on autosport.com Spain’s Banco Santander has announced it will sponsor the McLaren Mercedes team next season after agreeing to a five-year deal. Although the bank did not reveal any financial details, reports in the Spanish media claim the deal is worth 10 million Euro ($12.7 million) per season. 2 new Spanish sponsors within [...]

Spanish sponsor joins McLaren

As reported on F1Racing.net The McLaren team has signed a long-term partnership with Spanish insurance group Mutua Madrileña. The company follows Fernando Alonso from Renault to the Woking-based team. Mutua Madrileña branding will be located on the front wing endplates of the team’s 2007 challenger, the MP4-22, on the sleeve of the Vodafone McLaren Mercedes [...]

Renault signs new title sponsor

As reported on F1Racing.net ING will become Renault F1′s team sponsor for the next three years. The will replace tobacco brand Mild Seven….According to the team, title sponsorship presented a unique opportunity to achieve a high-impact entry into the sport in partnership with a world championship-winning team. TAGS: Formula 1 . F1 . Renault . [...]

Briatore to reduce Renault role

As reported on BBC.co.uk “In 2008, I will delegate my appointment to someone else and I will stay away from the spotlight,” Briatore told Gazzetta dello Sport. “I was pushed to carry on for two reasons,” he added. “First, the fact that Renault’s new president Carlos Ghosn is fully behind the F1 project. Second, the [...]

Williams to lose Budweiser money

As reported on updatesport.com Sir Frank Williams says he expects to lose at least one of his Grove based team’s sponsors at the end of the season. ”Budweiser I think will go,’ the 64-year-old was quoted as saying by ‘Speed TV’. He said Budweiser has also pulled out of a soccer deal, and are ‘driven [...]

ExxonMobil Extends Technology Partnership with Team McLaren Mercedes

As reported on finanzen.net ExxonMobil has announced a long-term extension of itsTechnology Partnership with Team McLaren Mercedes to supply theFormula 1 racing team with Mobil 1-branded motor oils andhigh-performance fuels. The Mobil 1, McLaren and Mercedes-Benz Technology Partnershipbegan in 1995, producing continuous advances in the technologies usedby Team McLaren Mercedes in Formula 1 racing, as [...]

McLaren is F1′s biggest spender

As reported on Wheels24 Business F1 magazine contends that the Woking-based outfit [McLaren-Mercedes], spending a reputed $400m a year, pips the Japanese carmaker [Toyota], at $393m to the dubious post. Interestingly, though, Phillip Morris’ sponsorship of Ferrari, at $97m a year, amounts to more than the annual budget of any of the final three teams. [...]

Ferrari to wear Alice brand [next year]

as reported on ITV-F1.com “We are happy to embark on a partnership with a group as prestigious as Telecom Italia, which is a major industrial player,” said Ferrari’s MD Jean Todt. Meanwhile Ferrari president Luca di Montezemolo has re-affirmed Todt’s suggestion that Ferrari will announce its driver line-up at Monza, while speaking at university conference [...]