News Details

Verstappen to lose longest-serving sponsor as jumbo ends deal

One of Max Verstappen's major and long-standing sponsors is withdrawing their support. Last year, the CEO and owner of Dutch supermarket chain Jumbo, Fritz van Eerd, became entangled in a money laundering scandal. As a result, Jumbo decided to terminate most of its sports sponsorships, except for its highest-profile partnership with the 25-year-old consecutive world champion, Verstappen. However, according to the Algemeen Dagblad newspaper, this situation is now changing, as Jumbo plans to conclude its collaboration with the Red Bull driver by the end of 2023. Following Van Eerd's departure, Ton van Veen, his successor, emphasized the need for Jumbo to shift its focus away from sports...
Full Story »
2y ago from F1Fanatic.net 0
Share

You May Also Be Interested In...

Max Verstappen handed huge blow amid criminal...

According to Algemeen Dagblad newspaper, reigning World Champion Max...
2y ago from Formula1News.co.uk

Verstappen to lose long-standing F1 sponsor after 2023...

The Dutch supermarket chain Jumbo will no longer sponsor Max Verstappen at...
2y ago from MotorsportWeek.com

Dutch GP, Verstappen, not worried about sponsor exit

Jun.3 The boss of the Dutch GP says he isn't worried about the departure...
2y ago from OneStopStrategy.com

Verstappen losing biggest personal sponsor

Jun.2 Max Verstappen is losing one of his longest-serving and biggest...
2y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Sebastien Ogier leads the virtual title chase as...

Friday in Saudi Arabia was the toughest day of the season. The overnight...

Popular On GunnersToday.com

Mikel Arteta Chelsea-Arsenal press conference in full,...

Arsenal manager Mikel Arteta gave his pre-match press conference ahead of...
6h ago from CaughtOffside.com

Chelsea handed massive boost as Enzo Maresca confirms...

Chelsea have been handed a major boost ahead of their Premier League...
7h ago from SportsKeeda.com

Enzo Maresca full press conference as he answers...

Chelsea manager Enzo Maresca has spoken at a press conference ahead of...
7h ago from CaughtOffside.com

PL giants face competition from Manchester United and...

Manchester United and Arsenal have reportedly joined the race to sign...
7h ago from SportsKeeda.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.