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F1 owners sponsor select drivers in GP2 and GP3
Formula One Group, the company that runs Formula 1 sponsors key junior drivers in the feeder categories GP2 and GP3. That is the finding of F1 business journalist Christian Sylt, having studied the prospectus of the sport's planned stock market floatation. With colleague Kate Hewitt, he wrote in Forbes that the identity of the drivers who have benefitted is not known, but they are reportedly selected on the basis it may develop the sport 'in key markets'. The prospectus states that 'From time to time, we sponsor GP2 and GP3 drivers to encourage the development of the sport in key markets'. This year's GP2 season kicked off recently in Bahrain, including Indonesian race winner Rio Haryanto...
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8y ago from GrandPrix247.com
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