News Details

UBS reducing F1 sponsorship

Major Formula 1 sponsor UBS is scaling down its investment, after a high profile period at the pinnacle of the sport. The Swiss based global financial services company entered Formula 1 in 2010 powered by its then chief executive Oswald Grubel. But UBS is now headed by Sergio Ermotti, a Swiss banker, who last year commenced market research into the wisdom of Grubel's Formula 1 deal. The Swiss newspaper Blick on Monday quoted a UBS spokesman as saying: 'We have always stressed that Formula 1 is a long-term commitment. We are very pleased with the partnership.' The report said UBS has agreed a new, less lucrative contract with Bernie Ecclestone. 'We put the customer platform more in the...
Full Story »
11y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Analysis shows 2014 Spa pace faster than last year

F1 at Spa in 2014 was faster than in 2013 This year's Belgian Grand Prix...
11y ago from GrandPrix247.com

Van der Garde set for 2015 Sauber race seat

Giedo van der Garde Sauber reserve driver Giedo van der Garde looks set...
11y ago from GrandPrix247.com

Frijns set to lose role as Caterham reserve

Robin Frijns Talented Dutchman Robin Frijns looks set to return to GP2 as...
11y ago from GrandPrix247.com

Mattiacci ‘confirms' 2015 lineup yet again

Kimi Raikkonen and Fernando Alonso Ferrari team principal Marco Mattiacci...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati showcases 2026 MotoGP livery

Reigning back-to-back Teams’ Champions Ducati Corse has unveiled its...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Popular On TotalWRC.com

Popular On GunnersToday.com

‘We are getting closer’: Gabriel Jesus targets...

t;li>Brazilian striker yet to hold talks over new dealArteta keen to...
6h ago from TheGuardian.com

Inter Milan vs Arsenal Prediction and Betting Tips |...

The UEFA Champions League is back in action with another set of matches...
8h ago from SportsKeeda.com

Man City loanee Manuel Akanji names team stronger than...

Inter Milan star Manuel Akanji believes Bayern Munich are stronger than...
10h 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.