News Details
Petrobras told to terminate sponsorship of McLaren
Brazilian petroleum corporation Petrobras has been told to pull out of its current deal to sponsor the McLaren Formula 1 team. And the order has come from no less an authority that the new president of the country, Jair Bolsonaro. The national government holds almost two thirds of the shares of Petrobras, meaning that such an instruction constitutes far more than the usual political rhetoric - but has real power to be enforced. “In 2018 Petrobras signed an advertising contract of R$782m with McLaren, valid for five years,” Bolsonaro tweeted this week. That sum in the Brazilian Real currency is equivalent to around £150 million. Brazil president says Rio has a deal with F1 for 2020!...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren at risk of losing fuel sponsor Petrobras
McLaren may be set to lose fuel sponsor Petrobras after Brazilian...
6y ago from GPBlog.com
Brazil's president wants Petrobras/McLaren deal stopped
Photo by: www.kymillman.com/f1 Brazilian president, Jair Bolsonaro, has...
6y ago from TheParcFerme.com
Petrobras want out of McLaren deal
McLaren look set to lose their fuel supplier and major sponsor Petrobras...
6y ago from PlanetF1.com
McLaren set to lose fuel supplier and sponsor Petrobras
The McLaren F1 team could be set to lose a major sponsor and supplier,...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
6h ago from Motorsport.com
How Marc Marquez could seal the MotoGP world title at...
No description available...
6h ago from Motorsport.com
Marc Márquez seals seventh straight MotoGP...
t;li>Ducati rider extends world title lead to 175 pointsJorge Martín...
7h ago from TheGuardian.com
Pedro Acosta owns up to qualifying “mess”, admits...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Dennis Hauger secures 2025 Indy NXT championship
No description available...
5h ago from Motorsport.com
Christian Rasmussen storms to maiden IndyCar victory...
The penultimate round of the 2025 IndyCar season took place on Sunday,...
49m ago from MotorsportWeek.c...
IndyCar Milwaukee – Race Results
The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...
39m ago from MotorsportWeek.c...
Christian Rasmussen steals maiden IndyCar win after...
No description available...
19m ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
3d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal receive crucial update about Martin Odegaard...
Arsenal cruised past Leeds United on Saturday beating the newly promoted...
3h ago from CaughtOffside.com
Relief for Arsenal with Bukayo Saka’s injury not as...
t;li>Forward hobbled off after scoring against LeedsØdegaard also...
3h ago from TheGuardian.com
Arsenal agree record deal to sign 16-year-old talent
Arsenal have had a very productive summer transfer window, and they have...
11h ago from CaughtOffside.com
Manchester United closing in on deal to sign...
Manchester United are close to securing the services of Senne Lammens,...
10h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton ‘named’ Lily Verstappen’s...
It's interesting, isn't it, living in a time when... Read More »
59m ago from GPFans.com
Max Verstappen boasts Ferraris and Aston in supercar...
Max Verstappen is one of the most famous drivers... Read More »
1h ago from GPFans.com
Yuki Tsunoda linked with shock F1 switch to Red Bull rivals
Yuki Tsunoda could be on the move after being... Read More »
4h ago from GPFans.com
