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
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
9h ago from MotorsportWeek.c...
Fermin Aldeguer to miss MotoGP season opener in...
Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
1d ago from MotorsportWeek.c...
Marco Bezzecchi satisfied with ‘smaller’...
Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
1d ago from MotorsportWeek.c...
Fermin Aldeguer to miss Thai GP, Gresini names...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
7h ago from Motorsport.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
7h ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta heads Toyota 1-2-3 in Rally Sweden
Takamoto Katsuta and Aaron Johnston lead Rally Sweden after Friday’s...
4h ago from MotorsportWeek.c...
WRC Sweden: Takamoto Katsuta snatches lead from Elfyn...
No description available...
3h ago from Motorsport.com
Thierry Neuville labels WRC struggles the “hardest...
No description available...
9h ago from Motorsport.com
WRC Sweden: Elfyn Evans leads as Oliver Solberg drops...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
8 goals in 11 starts: Arsenal, Chelsea & Man Utd...
Eli Junior Kroupi has been outstanding for Bournemouth since joining the...
4h ago from CaughtOffside.com
“Astonishing” attacker on Arsenal and Chelsea...
Atletico Madrid striker Julian Alvarez is a target for Arsenal and Chelsea...
8h ago from CaughtOffside.com
National team manager 'optimistic' about Arsenal...
Spain manager Luis de la Fuente has spoken about Arsenal midfielder Mikel...
10h ago from CaughtOffside.com
Possible boost for Arsenal as Manchester City star...
Manchester City midfielder Rodri has been charged by the Football...
9h ago from CaughtOffside.com
Comments
Hottest News
F1 2026 – Bahrain test Day 3 live
It's the third and final day of running of the... Read More »
15h ago from MotorsportWeek.com
Oscar Piastri calls for immediate action over 'borderline...
Oscar Piastri has identified a key area of... Read More »
4h ago from RacingNews365.com
Lewis Hamilton pays a visit to Mercedes after Ferrari...
Seven-time F1 world champion Lewis Hamilton paid... Read More »
4h ago from GPFans.com
