News Details

Petrobras want out of McLaren deal

McLaren look set to lose their fuel supplier and major sponsor Petrobras after Brazilian president Jair M Bolsonaro said the company want out. The British manufacturer signed a deal with Petrobras, who are owned by the Brazilian government, in 2018 to become the team's official fuel and lubricant supplier in a deal thought to be worth £150 million over five years. Although the team are believed to receive less than half of that amount, with the rest of the funds going into research and development for Petrobras, it would still prove a bitter blow for McLaren who are enjoying their best start to a season in recent memory – P4 in the Constructors' Championship after five rounds. 'In...
Full Story »
10mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

McLaren set to lose fuel supplier and sponsor Petrobras

The McLaren F1 team could be set to lose a major sponsor and supplier,...
10mo ago from MotorsportWeek.com

Sao Paulo and Rio in race to host Brazilian Grand Prix

Sao Paulo and Rio de Janeiro have entered a fierce competition over who...
10mo ago from GrandPrix247.com

Bratches: Interlagos has 2020 Brazilian Grand Prix...

Formula 1 is keen to race in Rio de Janeiro but the current contract with...
10mo ago from GrandPrix247.com

Sao Paulo hits back over Brazil President's Rio F1...

The governor of São Paulo has hit back in the wake of the claims...
10mo ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez fends off Bagnaia to win Mugello...

Alex Marquez claimed victory in the Mugello round of the StayAtHomeGP...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Power podiums, McLaughlin fourth in IndyCar iRacing...

Will Power has scored a podium while Scott McLaughlin fought to finish...
1d ago from SpeedCafe.com

LIVE STREAM: IndyCar iRacing Challenge

Catch two-time Supercars champion Scott McLaughlin, Indianapolis 500...
1d ago from SpeedCafe.com

McLaughlin joins all-star field for virtual IndyCar...

While his real-world debut may be on hold, Scott McLaughlin will get his...
2d ago from SpeedCafe.com

Popular On TotalWRC.com

Renault Clio Rally5 gets WRC debut at Rally Mexico

Renault Sport shipped five of the brand-new Renault Clio Rally5 cars to...

Rally Portugal and Rally Italy Postponed

Rally Portugal and Rally Italy have joined Rally Argentina in being...

Popular On GunnersToday.com

Arsenal among the clubs interested in signing...

Arsenal are reportedly interested in signing James Rodriguez. The...
3h ago from CaughtOffside.com

Arsenal loanee could struggle to seal exit as Arsenal...

It feels like most loan deals feature an option or obligation to buy at...
4h ago from CaughtOffside.com

La Liga side set £36m price tag for midfielder...

According to the MailOnline, La Liga giants Valencia have set a minimum...
6h ago from CaughtOffside.com

Arsenal dealt transfer blow with £45m target set to...

According to the Sun via Spanish publication Sport, Arsenal have been...
9h ago from CaughtOffside.com

Comments

Advertisements

Hottest News

Advertisements

Recent News

Advertisements

Advertisements

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.