Statements that the main sponsorship agreement between the Mercedes F1 team and PETRONAS have expired have been denied. In the statements made by PETRONAS, it was stated that the sponsorship agreement was extended last year and both teams will continue to work to do better.
In a content we shared with you in the past days, Mercedes Formula 1 Team and the main sponsor of the team, PETRONAS since the agreement between we talked about. Allegedly, Mercedes is on its way from now on. Saudi Aramco would continue with. However, this has been officially denied.
In the statements made by PETRONAS, such a situation it’s not even about expressed. Saying that there is a long-standing cooperation between Mercedes and PETRONAS, the officials said that the agreement was signed last year. has been extended and they will continue to be the main sponsor of Mercedes.
The cooperation that has been going on for 10 years will continue in the future.
PETRONAS made the following statements:
PETRONAS and Mercedes have been mutually beneficial for both parties since 2010 long-term in a cooperative relationship. Last year, PETRONAS once again extended its agreement for a multi-year cycle and to deliver superior performance to Mercedes. will continue to work together.
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PETRONAS, the company established by the Malaysian government and responsible for all oil and natural gas resources of the country, around 50 thousand It is known as a giant organization with employees. PETRONAS, which is also in the 75th place in the Fortune Global 500 list, in order not to cause more damage with the effect of the pandemic. leaving MotoGP had explained. However, the latest news is that the company’s support for Formula 1 and Mercedes will continue at full throttle it reveals.