News Details

UBS reducing F1 sponsorship

Major Formula 1 sponsor UBS is scaling down its investment, after a high profile period at the pinnacle of the sport. The Swiss based global financial services company entered Formula 1 in 2010 powered by its then chief executive Oswald Grubel. But UBS is now headed by Sergio Ermotti, a Swiss banker, who last year commenced market research into the wisdom of Grubel's Formula 1 deal. The Swiss newspaper Blick on Monday quoted a UBS spokesman as saying: 'We have always stressed that Formula 1 is a long-term commitment. We are very pleased with the partnership.' The report said UBS has agreed a new, less lucrative contract with Bernie Ecclestone. 'We put the customer platform more in the...
Full Story »
10mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Analysis shows 2014 Spa pace faster than last year

F1 at Spa in 2014 was faster than in 2013 This year's Belgian Grand Prix...
11mo ago from GrandPrix247.com

Van der Garde set for 2015 Sauber race seat

Giedo van der Garde Sauber reserve driver Giedo van der Garde looks set...
11mo ago from GrandPrix247.com

Frijns set to lose role as Caterham reserve

Robin Frijns Talented Dutchman Robin Frijns looks set to return to GP2 as...
11mo ago from GrandPrix247.com

Mattiacci ‘confirms' 2015 lineup yet again

Kimi Raikkonen and Fernando Alonso Ferrari team principal Marco Mattiacci...
11mo ago from GrandPrix247.com

Elsewhere On The Network

Popular On MotoGPToday.com

McPhee Q&A: “I’m having to just focus on the basic...

SAXOPRINT RTG’s Scottish rider John McPhee discusses why he has...
1h ago from MotoGP.com

Old heroes and new aliens

History has a tendency to repeat itself, a fact that is true even in...
4h ago from MotoGP.com

POLL: Who will win the 2015 MotoGP title?

Valentino Rossi, Jorge Lorenzo or Marc Marquez? CLICK HERE to vote! The...
4h ago from Crash.net

Relive all of the action from the Dutch GP

Assen saw Rossi and Marquez involved in last corner drama, while Lorenzo...
3h ago from MotoGP.com

Popular On IndyCarToday.com

Walker quits as IndyCar president of competition

Derrick Walker has resigned as president of competition and operations...
17h ago from Crash.net

IndyCar: Honda gets manufacturer points deduction

Honda received a deduction of 100 manufacturer points from IndyCar for...
1d ago from Racer.com

IndyCar: Series begins search for Walker’s...

ABOVE: Mark Miles (left) and Derrick Walker News of Derrick Walker's...
18h ago from Racer.com

Walker quits as IndyCar competition chief

– Derrick Walker has resigned as IndyCar President of Competition...
16h ago from GPUpdate.net

Popular On TotalWRC.com

Mikkelsen in big crash in SS5

Volkswagen Motorsport II pilot Andreas Mikkelsen has crashed out of Rally...
34m ago from Crash.net

SS3: Ogier and Meeke duel for lead

Less than half a second splits top two in Finland
2h ago from WRC.com

Ogier holds slender Rally Finland advantage

Sebastien Ogier has taken a slim Rally Finland lead of just over five...
54m ago from Motorsport.com

SS5: Ouninpohja bites Finland hopefuls

Meeke, Evans and Tänak all hit trouble
44m ago from WRC.com

Popular On GunnersToday.com

Arsenal needs a player like Julian Draxler more than...

Arsenal have been long time admirers of Marco Reus, whether it be...
2h ago from SportsKeeda.com

Five Premier League fixtures rescheduled

We have received confirmation from the Premier League that the following...
2h ago from Arsenal.com

Rivalry returns as Wenger and Mourinho set for Arsenal...

The N FC crew debate which side has the best defence in football, if...
4h ago from ESPNFC.co.uk

Transfer rumours and paper review – Friday, July 31

Here's the top transfer-related stories in Friday's newspapers......
4h ago from TalkSport.com

Comments

comments powered by Disqus

Hottest News

Mercedes now willing to supply Red Bull

Mercedes has reportedly now joined Ferrari in... Read More »
2h ago from GrandPrix.com

Dennis pushing for majority control of McLaren

Ron Dennis has only until the end of the season... Read More »
2h ago from ThisIsF1.com

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.