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 »
5y 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,...
5y 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...
6y 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...
6y 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...
6y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

The MotoGP ramifications after Jorge Martin’s...

MotoGP silly season has been rocked by a bombshell announcement that...
10h ago from MotorsportWeek.c...

Sylvain Guintoli hails Johann Zarco's...

TNT Sports pundit Sylvain Guintoli hailed Johann Zarco's MotoGP victory...
13h ago from MotorsportWeek.c...

Alex Marquez shares what ‘upset' him about his...

Alex Marquez walked away from Sunday's MotoGP race at Le Mans with zero...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Dean Huijsen 'joins' Arsenal centre-back and Liverpool...

Real Madrid reportedly place Dean Huijsen, an Arsenal centre-back and a...
4h ago from SportsMole.co.uk

Tottenham could help Arsenal strike £50.5m transfer...

Tottenham Hotspur protege Mikey Moore reportedly emerges as a transfer...
6h ago from SportsMole.co.uk

Arsenal offer £135k-a-week deal to seduce target,...

Arsenal have been linked with the move for the Sporting CP striker Viktor...
9h ago from CaughtOffside.com

Arsenal transfer news: Gunners 'prepared to accept...

Arsenal are reportedly prepared to accept offers for a 23-year-old who...
12h ago from SportsMole.co.uk

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.