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Petrobras set to terminate multi-million pound contract with McLaren

McLaren's sponsor Petrobras are set to terminate their contract with the Formula 1 team in the next few days. The Brazilian oil company have wanted to leave their five-year contract for some time and it looks like they have finally reached a deal with McLaren.  Petrobras is partially owned by the Brazilian government and Brazilian president Jair Bolsonaro has taken to social media stating that he wants to terminate the relationship with McLaren.  Read more 'McLaren would be on Red Bull's level now if they had Mercedes engines' "In 2018 Petrobras signed an advertising contract of R$782m with McLaren, valid for five years," Bolsonaro tweeted from his official...
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4y ago from GPBlog.com 0
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