News Details

UBS reducing F1 sponsorship

Major F1 sponsor UBS is scaling down its investment in the sport. The Swiss based global financial services company entered F1 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 F1 deal. The Swiss newspaper Blick on Monday quoted a UBS spokesman as saying: "We have always stressed that formula one 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 centre and focus the brand on key growth...
Full Story »
5mo ago from GrandPrix.com 0
Share

You May Also Be Interested In...

UBS reducing F1 sponsorship

Major Formula 1 sponsor UBS is scaling down its investment, after a high...
5mo ago from GrandPrix247.com

Lotus attracts new sponsor for Italy, US

Lotus will be sponsored by Chinese firm Hisense for three races towards...
6mo ago from Crash.net

Mercedes: Hot heads should be cooled this week

Nico Rosberg versus Lewis Hamilton remains the big F1 story ahead of...
6mo ago from GrandPrix247.com

Rosberg should have judged it better - Button

Jenson Button has questioned Nico Rosberg's move on Lewis Hamilton on lap...
6mo ago from TheF1Times.com

Elsewhere On The Network

Popular On MotoGPToday.com

MotoGP: Intrigue, gossip and rumour

A little of what went on behind the scenes at Sepang
7h ago from BikeSportNews.com

Sepang Michelin test ends in fast crashes for front...

The first test of next season’s new MotoGP control Michelin tyres has...

VIDEO: Iannone - The Ducati is fantastic!

Andrea Iannone has high hopes for the 2015 MotoGP World Championship...
1d ago from Crash.net

Miller: We need to work on saving tyres

Jack Miller's promotion to MotoGP has set tongues wagging up and down the...

Popular On TotalWRC.com

Evans optimisitc on return to happy hunting ground

Elfyn Evans is hoping to create more happy memories at Rally Mexico after...
4h ago from Crash.net

Evans excited for return to happy hunting ground

Elfyn Evans is hoping to create more happy memories at Rally Mexico after...
6h ago from Crash.net

Ogier: Pressure on rivals to catch up

World Rally Championship leader Sebastien Ogier says the pressure is...
8h ago from Crash.net

Rally Mexico: Sky-high round for the DS 3 WRCS

At close to 2,800 metres above sea level, the Citroën Total Abu Dhabi...
1d ago from Motorsport.com

Popular On GunnersToday.com

Ozil and Alexis have to step it up: Current output not...

Just 18 months ago Arsenal broke their transfer record for Mesut Ozil,...
7h ago from AllArsenal.com

Arsene Wenger: You can't blame Olivier Giroud

Olivier Giroud unquestionably had one of his worst games in an Arsenal...
11h ago from AllArsenal.com

REVEALED: Arsenal Players Have Never Seen Wenger So...

Reports are out claiming that Arsenal boss Arsene Wenger steamed into his...
14h ago from Nastytackle.com

Giroud aims to recover from Monaco embarrassment

Arsenal striker Olivier Giroud has vowed to bounce back from his...
10h ago from Football.co.uk

Comments

comments powered by Disqus

Hottest News

F1 Live Timing: Day 7 – 2015 Barcelona testing

Good morning and welcome back to ThisisF1.com... Read More »
13h ago from ThisIsF1.com

MP4-30 a big improvement on 2014 car - Magnussen

Kevin Magnussen thinks McLaren has made a big... Read More »
1h ago from espnF1.com

Hamilton confirms Mercedes supremacy

Lewis Hamilton topped the timesheets on the... Read More »
2h ago from Pitpass.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.