News Details
Petrobras told to terminate sponsorship of McLaren
Brazilian petroleum corporation Petrobras has been told to pull out of its current deal to sponsor the McLaren Formula 1 team. And the order has come from no less an authority that the new president of the country, Jair Bolsonaro. The national government holds almost two thirds of the shares of Petrobras, meaning that such an instruction constitutes far more than the usual political rhetoric - but has real power to be enforced. “In 2018 Petrobras signed an advertising contract of R$782m with McLaren, valid for five years,” Bolsonaro tweeted this week. That sum in the Brazilian Real currency is equivalent to around £150 million. Brazil president says Rio has a deal with F1 for 2020!...
Full Story »
Full Story »
You May Also Be Interested In...
McLaren at risk of losing fuel sponsor Petrobras
McLaren may be set to lose fuel sponsor Petrobras after Brazilian...
6y ago from GPBlog.com
Brazil's president wants Petrobras/McLaren deal stopped
Photo by: www.kymillman.com/f1 Brazilian president, Jair Bolsonaro, has...
6y ago from TheParcFerme.com
Petrobras want out of McLaren deal
McLaren look set to lose their fuel supplier and major sponsor Petrobras...
6y ago from PlanetF1.com
McLaren set to lose fuel supplier and sponsor Petrobras
The McLaren F1 team could be set to lose a major sponsor and supplier,...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta to race for Ducati in 2027 alongside Marc...
No description available...
17h ago from Motorsport.com
Pierre Gasly buys shares in the Tech3 MotoGP team
No description available...
13h ago from Motorsport.com
Toprak Razgatlioglu: MotoGP's newest superstar
On one fateful day, June 10, 2025, news finally broke that would mark one...
18h ago from MotorsportWeek.c...
Has Yamaha ditched its triplane aero for Ducati-style...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Donald Trump signs executive order confirming IndyCar...
No description available...
11h ago from Motorsport.com
Cindric returns to Team Penske for 2026 as...
No description available...
1d ago from Motorsport.com
Tim Cindric returns to Penske in race strategist role
Team Penske has announced the strategist line-up for its 2026 IndyCar...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
1d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
2d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
4d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal could sacrifice duo to land 40-goal...
Arsenal are interested in signing the Atletico Madrid striker Julian...
8h ago from CaughtOffside.com
Arsenal’s terminally online Premier League title...
obotic team fuelled by data and scrutinised relentlessly in a climate of...
8h ago from TheGuardian.com
Real Madrid ready to cash in, 70m star sparks Arsenal...
Eduardo Camavinga could be on his way out of Real Madrid at the end of the...
10h ago from CaughtOffside.com
'He's taking the best from everybody' - Lisandro...
Manchester United centre-back Lisandro Martinez has said that interim boss...
9h ago from SportsKeeda.com
Comments
Hottest News
2026 F1 Barcelona Pre-Season Test - Day 5 morning results
Check out the morning results from the final day... Read More »
16h ago from RacingNews365.com
F1: Shakedown Times: Day 5 (Friday)
Friday's unofficial times from Barcelona. Read More »
10h ago from Pitpass.com
Aston Martin ‘struggle with F1 speed limit’ at...
Aston Martin are reportedly struggling with the... Read More »
15h ago from GPFans.com
