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Williams confirms PDVSA deal ends with Maldonado's exit
Associated Press Enlarge Williams will cut its ties with the state-owned Venezuelan oil company PDVSA in 2014 now that Pastor Maldonado has decided to leave the team. A significant amount of Williams' budget has come from PDVSA in the past three years deal, but the team is believed to have negotiated a lucrative severance package to allow Maldonado to take the branding elsewhere. He will be replaced by Felipe Massa in 2014 and at the team's driver announcement on Monday, deputy team principal Claire Williams confirmed the deal had been terminated early. "It [the branding] won't be on the car for next year," she told Reuters. "There is no [further] connection with PDVSA as...
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11y ago from espnF1.com
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