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 »
10y 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...
10y 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...
10y 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...
10y ago from GrandPrix247.com

Mattiacci ‘confirms' 2015 lineup yet again

Kimi Raikkonen and Fernando Alonso Ferrari team principal Marco Mattiacci...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Brazil replaces Argentina as 2026 MotoGP calendar...

The 2026 MotoGP calendar has officially been released and the new season...

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Popular On IndyCarToday.com

Pato O’Ward fastest in opening practice in Laguna...

Laguna Seca was the setting for IndyCar’s first practice session on...

Arrow McLaren set to move into new race facility in...

Arrow McLaren has officially taken ownership of what will be its new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal vs Newcastle United Prediction and Betting...

Arsenal will lock horns against Newcastle United at the Singapore National...
4h ago from SportsKeeda.com

Report: Arsenal preparing a strong push to sign...

Arsenal are interested in securing the services of the Ajax defender...
6h ago from CaughtOffside.com

Viktor Gyokeres to wear iconic Arsenal jersey number...

Viktor Gyokeres will reportedly wear the jersey number 14 for Arsenal...
8h ago from SportsKeeda.com

Will Arsenal Win the Premier League Next Season?

The 2024/25 Premier League season will officially kick off August 15. ...
12h ago from FreshArsenal.com

Comments

Hottest News

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.