News Details
Bolsonaro: We want Petrobrás to terminate McLaren contract
Bloomberg report that Brazil’s state-run oil company Petroleo Brasileiro SA is looking for a way to pull out of a pricey sponsorship deal with the McLaren Formula 1 racing team, President Jair Bolsonaro declared on his Twitter account. He wrote: 'In 2018, Petrobrás signed an advertising contract of R$782-million ($191-million) with McLaren, valid for five years. At the moment, the company, by decision of my Government, seeks a way to terminate the contract. Bolsonaro, who took office in January, has promised to shrink government spending, and among other things he has aimed fire on advertising and publicity costs. Petrobras Chief Executive Officer Roberto Castello Branco said in an...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
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
Bratches: Interlagos has 2020 Brazilian Grand Prix...
Formula 1 is keen to race in Rio de Janeiro but the current contract with...
6y ago from GrandPrix247.com
Petrobras want out of McLaren deal
McLaren look set to lose their fuel supplier and major sponsor Petrobras...
6y ago from PlanetF1.com
Sao Paulo council say Brazil GP will stay at Interlagos
Earlier in the month, Brazilian president Jair Bolsonaro announced that...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP circuit contracts: How long will each race...
No description available...
3h ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
23h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
1d ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
5d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
23h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
2d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal eyeing up a move for 20-year-old...
Arsenal are interested in signing Club Brugge midfielder Aleksandar...
2h ago from CaughtOffside.com
Manchester United and Arsenal step up interest in...
Manchester United and Arsenal have stepped up their pursuit of Belgian...
7h ago from SportsKeeda.com
‘A quick learner’: how Declan Rice went from...
fielder will be part of the conversation for a Ballon d’Or if he...
6h ago from TheGuardian.com
Sources: Man United & Arsenal enter race for...
Genk’s teenage sensation Konstantinos Karetsas has rapidly emerged as...
9h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin to finally answer defining question after...
Aston Martin's 2025 campaign delivered a sobering... Read More »
45m ago from RacingNews365.com
Through one lens: Twelve photographs from the 2025 F1 season
From Melbourne to Abu Dhabi, Formula 1 moved fast... Read More »
2h ago from F1i.com
F1 top 10 drivers of 2025 - Part 2
The RacingNews365 writing team concludes its look... Read More »
2h ago from RacingNews365.com
