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 »
1y 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...
1y 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...
1y 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...
1y ago from GrandPrix247.com

Mattiacci ‘confirms' 2015 lineup yet again

Kimi Raikkonen and Fernando Alonso Ferrari team principal Marco Mattiacci...
1y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Pedrosa still Honda's number one choice for 2017

He may be in his 11th season as a works HRC rider, but Dani Pedrosa is...
2h ago from Motorsport.com

Video: Repsol Honda previews Le Mans

No description available...
1h ago from GPUpdate.net

Pedrosa to join Rossi at Yamaha, Viñales to remain at...

Dani Pedrosa may be set to make an incredible shift from Honda to Yamaha,...

Michelin eager to impress on home soil

– MotoGP tyre supplier Michelin says it is "very...
2h ago from GPUpdate.net

Popular On IndyCarToday.com

INDYCAR: Dome skids still divisive after Texas test

Opinions of IndyCar's dome skids remain divided after the safety feature...
11h ago from Racer.com

INDYCAR: Final scramble to complete Indy entries

The race to complete the field at for the 100th Indianapolis 500 is in...
16h ago from Racer.com

IndyCar to seek replacement for Boston

IndyCar is expected to explore replacement venues after promoters of the...
1d ago from SpeedCafe.com

MILLER: Healing IndyCar's black eye

An IndyCar biggie called over the weekend and was miffed about two...
1d ago from Racer.com

Popular On TotalWRC.com

Home fixtures for WRC trio

A busy weekend for some of the WRC regulars
22h ago from WRC.com

Toivonen tribute in Finland

Show runs for Finn's winning Lancia Delta S4
21h ago from WRC.com

TVS hints full-scale Dakar entry in future

Indian two-wheeler manufacturer TVS is considering competing in the Dakar...
1d ago from Motorsport.com

Video: The 2017 WRC cars, they'll be fine, stop...

How about we all just forget about our doubts and hesitations concerning...

Popular On GunnersToday.com

Arsenal transfer target discusses future move: "I...

GETTY UP FOR IT: Medhi Benatia is happy to move this summer The Bayern...
2h ago from DailyStar.co.uk

Which side tops the London Premier League based on...

HICH London side would top a league table made up solely of teams from the...
3h ago from DailyStar.co.uk

Five players Arsenal really need to ditch this summer

Five players Arsenal really need to ditch this summer BEGIN GALLERY With...

Revealed: The stat that shows how amazing Ranieri's...

LAUDIO RANIERI'S maiden Premier League title with Leicester is remarkable...
4h ago from DailyStar.co.uk

Comments

Hottest News

'Button nearly joined Williams'

Jenson Button almost rejoined Williams before... Read More »
4h ago from SkySports.com

Tech Corner: McLaren Front Wing, Sidepods

McLaren made several changes to the MP4-31 for... Read More »
2h ago from PlanetF1.com

Alonso: Why can't we finish second or third?

Fernando Alonso says grand prix podium goal might... Read More »
2h ago from GrandPrix247.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.