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

Lotus attracts new sponsor for Italy, US

Lotus will be sponsored by Chinese firm Hisense for three races towards...
1y ago from Crash.net

Mercedes: Hot heads should be cooled this week

Nico Rosberg versus Lewis Hamilton remains the big F1 story ahead of...
1y ago from GrandPrix247.com

Rosberg should have judged it better - Button

Jenson Button has questioned Nico Rosberg's move on Lewis Hamilton on lap...
1y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Analysis: How Mugello proved to Vinales Yamaha was the...

Yamaha-bound rider Maverick Vinales is certain he's made the right choice...
1d ago from Motorsport.com

Mugello Expert Opinion: Casey Stoner

Without doubt Andrea Iannone and the Desmosedici GP had the pace to run...

Analysis: Why struggling Honda had to redesign its...

While Honda admits the deficiencies of its new MotoGP engine, the Japanese...
3d ago from Motorsport.com

Yamaha suspects overrevving to blame for engine...

Yamaha overrevved its engines at Mugello, or at least that's the theory...
4d ago from Motorsport.com

Popular On IndyCarToday.com

Penske on pacing the Indianapolis 500 field

Team giant Roger Penske has assured his four drivers that he intends to...
1h ago from SpeedCafe.com

Michael Andretti on life after Indy defeats

What does an elite sportsman do when the greatest achievement of his...
2h ago from Motorsport.com

Marco Andretti hoping to end family 'curse' in 100th...

A member of the legendary Andretti family hasn't won the Indianapolis 500...
3h ago from Motorsport.com

GALLERY: The 99 Indy 500-winning cars

On Sunday, one of the cars in Gasoline Alley is going to be wheeled out...
11h ago from Racer.com

Popular On TotalWRC.com

Lydden WRX: Solberg leads Day 1 as Loeb hits trouble

Reigning World Rallycross Champion Petter Solberg leads the way after the...
12h ago from Motorsport.com

Merzouga, Stage 5: Benavides wins as Rodrigues ends...

Honda's Kevin Benavides took win in the 2016 edition of Merzouga Rally at...
1d ago from Motorsport.com

The WRC gallery: Round 5: Portugal

Advertising Here is a selection of some of our favourite photographs,...
1d ago from WRC.com

Camilli buoyed by Portugal result

M-Sport driver reflects on fifth place finish
1d ago from WRC.com

Popular On GunnersToday.com

Liverpool face fresh new competition for Arsenal...

Liverpool‘s hopes of signing Arsenal midfielder Alex...
2h ago from CaughtOffside.com

EXCLUSIVE: Arsenal fans now want Arsene Wenger to STAY...

GETTY STAYING: Wenger will be at Arsenal for at least another season That...
6h ago from DailyStar.co.uk

Tottenham set to battle Arsenal and Leicester for...

GETTY TARGET: Janssen's wanted by a host of Premier League clubs Spurs...
6h ago from DailyStar.co.uk

Report: Bayern Munich consider Mesut Ozil bid

Bayern Munich are reportedly preparing a summer move for Arsenal attacker...
13h ago from SportsMole.co.uk

Comments

Hottest News

McLaren still has 3rd best chassis on grid…regardless

Even though McLaren didn't square op on the front... Read More »
2h ago from Formula1Blog.com

Vettel: Ferrari should have "done a better job"...

Vettel ended Q3 ranting that his car "just... Read More »
13h ago from Motorsport.com

Qualifying Results – 2016 Monaco GP

Full qualifying results for round 6 of the 2016... Read More »
14h 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.