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 »
2y 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...
2y 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...
2y 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...
2y ago from GrandPrix247.com

Mattiacci ‘confirms' 2015 lineup yet again

Kimi Raikkonen and Fernando Alonso Ferrari team principal Marco Mattiacci...
2y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Lorenzo says Ducati move will ease tension with Rossi

Jorge Lorenzo says he believes that the difficult relationship he has had...
1d ago from Motorsport.com

MotoGP presents updated 2017 calendar

– MotoGP organisers have presented an updated calendar for the 2017...
19h ago from GPUpdate.net

MotoGP: Rossi takes Monza Rally win

Valentino Rossi has rounded off his 2016 season in style by successfully...

Barros back to the winner’s circle in Brazilian...

Barros gets his leathers back on and takes a race win in the Brazilian...
21h ago from BikeSportNews.com

Popular On IndyCarToday.com

Indy 500 winner Rossi unveils image on Borg-Warner...

Alexander Rossi, who won the 100th running of the Indianapolis 500, has...
9h ago from Motorsport.com

Jones joins Bourdais at Dale Coyne for 2017

Reigning Indy Lights champion Ed Jones has been rewarded with the second...
9h ago from SpeedCafe.com

Chilton stays in IndyCar with Ganassi

– Max Chilton will remain in the IndyCar series with Chip Ganassi...
13h ago from GPUpdate.net

Ganassi confirms Chilton return for 2017

Max Chilton will spend his second season at Chip Ganassi Racing, the team...
13h ago from Motorsport.com

Popular On TotalWRC.com

Hyundai has best line-up for 2017 WRC, claims team boss

Hyundai WRC team principal Michel Nandan says his team will have the...
20h ago from Motorsport.com

Ogier down to two options for 2017 seat

Sebastien Ogier will decide between two options for his World Rally...
1d ago from EuroSport.com

Al-Attiyah working on 2017 Volkswagen WRC plan

Nasser Al-Attiyah has confirmed that he is working on taking part in the...
1d ago from Motorsport.com

WRC jigsaw nears completion

Ogier and Latvala close to securing 2017 drives
1d ago from WRC.com

Popular On GunnersToday.com

Olivier Giroud ready to fight for Arsenal spot

GETTY Olivier Giroud isn't Arsenal's first-choice striker any more The...
7h ago from DailyStar.co.uk

Arsenal plot summer contract talks with Jack Wilshere

ARSENAL are set to offer Jack Wilshere a new contract at the end of the...
8h ago from Express.co.uk

Pat Nevin reveals worry over Arsenal in Chelsea’s...

GETTY Antonio Conte has turned it around at Chelsea Chelsea maintained...
9h ago from DailyStar.co.uk

Arsenal star Alex Iwobi: What helped us beat Basel to...

The Nigeria international struck the fourth goal in a comprehensive 4-1...
7h ago from Express.co.uk

Comments

Hottest News

Wolff ready for 'brave' choice

Mercedes boss Toto Wolff insists the world... Read More »
1h ago from SkySports.com

Analysis: The true cost of Rosberg's F1 retirement

In the euphoria of securing the Formula 1 World... Read More »
1h ago from Motorsport.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.