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McLaren could lose petrol supplier and sponsor Petrobas
McLaren could be set to lose petrol supplier and major sponsor Petrobas, with the Brazilian organisation looking to “terminate” their contract with the Formula 1 team at the behest of their government who own the majority share of the company. Just last year, Petrobas signed a deal with McLaren worth £150 million over five years, but it is understood some of the funds went on research and development for the oil company. Article continues under video The intention was announced on Twitter via the country’s president Jair Bolsonaro. "In 2018, Petrobras signed an advertising contract of R$782 million with McLaren, valid for 5 years. At the moment, the company, by decision of my...
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6y ago from GPFans.com
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