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

MotoGP: Honda set to struggle in Austria

Honda’s winning streak of recent rounds may well come to a end when...
19h ago from MotorcycleNews.c...

Opinion: Rossi screw-up ends title chances?

To call Sunday’s MotoGP race an unmitigated disaster for the factory...

Lorenzo says Red Bull Ring's Turn 2 "very...

Jorge Lorenzo has voiced concerns with the Red Bull Ring’s Turn 2 ahead...
1d ago from Motorsport.com

Moto2: Who the hell is Luca Marini?

It’s not always the step up in racing to be a member of one of the...

Popular On IndyCarToday.com

VIDEO: Robin Miller, Chip Ganassi reflect on Target

RACER's Robin Miller reflects with Chip Ganassi after the announcement...
9h ago from Racer.com

INDYCAR: Power leads dry/wet Mid-Ohio FP2

Team Penske's Will Power topped the dry portion of Friday's final Verizon...
14h ago from Racer.com

INDYCAR: Rahal open to Funny Car swap with Force

Above (from left): John and Laurie Force, Graham Rahal, Courtney Force....
13h ago from Racer.com

INDYCAR In-Car Theater: Graham Rahal at Mid-Ohio

Take a few laps around Mid-Ohio with Rahal Letterman Lanigan Racing...
12h ago from Racer.com

Popular On TotalWRC.com

SS 15/16: Meeke in management mode

Østberg nets maiden stage win in Finland
28m ago from WRC.com

Solid start for Hyundai Motorsport as Neuville holds...

A tough but generally trouble-free day for Hyundai Motorsport at the start...
14h ago from Motorsport.com

Finland WRC: Meeke remains first, Ogier gets stuck

Kris Meeke continued to lead Rally Finland after the five Friday afternoon...
16h ago from Motorsport.com

Veiby on top in Finland Junior battle

Series leader Tempestini holds second
15h ago from WRC.com

Popular On GunnersToday.com

Walcott refuses to rule out move.. Alexis back with...

Morning all. Before you get excited, the winger come striker, come bench...

ALL the latest transfer news and some actual real...

Hello, happy Saturday. A very quick round-up for you of all the stuff and...
2h ago from Arseblog.com

Pictures: New away and third kits

Hector Bellerin, Santi Cazorla and Nacho Monreal - along with Freddie...
5h ago from Arsenal.com

Comments

Hottest News

Berger ponders if Ferrari ‘lied’ about Allison

Ferrari on Thursday faced suggestions it 'lied'... Read More »
4h ago from ThisIsF1.com

Practice 3 results – F1 2016 German GP

Third free practice full results – (FP3) 2016... Read More »
1h 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.