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petronas to sponsor Merc GP

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Old 12-21-2009, 05:30 AM
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C.J. Ichiban
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Default petronas to sponsor Merc GP

http://www.brawngp.com/readstory.asp...C1%AA%C0rZ%7Df


well I guess they won't need the money from that failed henkel deal haha
Old 12-21-2009, 05:30 AM
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for anti-linkers

Mercedes GP is delighted to announce the signing of a long-term agreement with PETRONAS which will see the Malaysian national oil and gas company become the title partner to the new Silver Arrows works team.

From 2010, the new team will compete in the FIA Formula One World Championship as the Mercedes GP PETRONAS Formula One Team and will carry the distinctive PETRONAS branding across the car and team liveries.

Leveraging Mercedes-Benz’s rich motorsport heritage and the long-standing involvement of PETRONAS in Formula One, the new title partnership also paves the way for future collaborations between the two companies. For PETRONAS, the partnership will enable the oil and gas giant to generate sustainable business growth, particularly in their downstream lubricants market, through the strategic partnership and business alliance with Mercedes-Benz, one of the most prestigious global automotive brands.

The Mercedes GP PETRONAS Formula One Team’s challenger for 2010 will make its track debut in its new livery at Valencia on 1 February 2010 for the first of the pre-season tests ahead of the 2010 Formula One season.

PETRONAS will continue to be the title sponsor of the PETRONAS Malaysian Grand Prix, scheduled to be the third race of the new season, which will take place at the Sepang International Circuit on 4 April 2010.

Norbert Haug, Vice-President of Mercedes-Benz Motorsports, said: "We are very pleased to begin our long-term partnership with our new title partner PETRONAS. Daimler, our premium brand Mercedes-Benz and PETRONAS will work together both on and off the track and I am sure that everybody involved will guarantee their absolute dedication to success. PETRONAS’ home base in Kuala Lumpur is located in the middle of a fast-growing region for the automotive industry which makes this new partnership even more valuable. Within the limits of the new Formula One resource restrictions, the Mercedes GP PETRONAS Formula One Team will be well positioned to achieve our goals. We will all strive to present efficient success in the future knowing at the same time that the new Formula One season with some fundamental rule changes will be a particularly challenging one."

Ross Brawn, Team Principal of the Mercedes GP PETRONAS Formula One Team commented: “Everyone at Mercedes GP is delighted to confirm our long-term agreement with PETRONAS and we look forward to working closely with our new partner in the future. The collaboration of the premium automotive brand Mercedes-Benz and a company as prestigious as PETRONAS gives our team a fantastic base from which to achieve our ambitions of competing at the top level of Formula One and building on the success of 2009 which saw the team achieve the Constructors’ and Drivers’ Championships. Our plans for the new season are progressing well, as is the development of our 2010 challenger, and we look forward to seeing the car run in the new Silver Arrows and PETRONAS livery at the Valencia test in February.”
Old 12-21-2009, 08:37 AM
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993-CT
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Interesting choice of sponsor... wonder what Sauber and Lotus are going to do for sponsorhsip?
Old 12-21-2009, 12:03 PM
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Well one thing for sure, the team will be saving money on Suits/Uniforms/gear (Petronas owner owns Sparco).
Old 12-21-2009, 04:04 PM
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WOW!!! Just 3 days ago the said they would not sponsor any team, just races... How things change in F1... Here is the article from Friday.

Petronas abandons team sponsorship
18 December 2009


Petronas, Malaysian-owned oil and gas company and former sponsor of the Sauber and BMW teams, has revealed that it will not be associated with any Formula 1 team during the 2010 season. The brand will remain in the sport, however, as title sponsor for the Malaysian Grand Prix.

With Petronas having continued to sponsor BMW after the German car manufacturer bought the Sauber team ahead of the 2006 championship, the company founded in 1974 has now said that it will no longer be linked with the team or indeed any other in the sport.




Petronas will remain title sponsor of Kuala Lumpur's race
"Petronas started F1 as a branding programme but we have since moved into the business," explained company Chairman and President Tan Sri Mohd Hassan Marican. "We had a very good relationship with Sauber, which exposed our brand and gave us the opportunity to go global with our lubricants.

"It was also timely, when BMW took over Sauber, and that gave us an opportunity to partner with an original equipment manufacturer. The years we were together with BMW and Sauber, we benefited from the lubricant business; for next year, we have no team and the only reason for us to go back into Formula 1 is on a business deal for the lubricant business."

The news is likely to be received as negative by the Lotus team which, now Malaysian-owned, could have viewed the company as a possible associate. The Malaysian Grand Prix at Sepang, which next season hosts Round 3 of the campaign for the first time, will be taking place on Sunday 4 April.
Old 12-21-2009, 06:01 PM
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SILLY SEASON!
Old 12-21-2009, 06:39 PM
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OT......

C.J. is your carrera GT a daily driver or a DE car?.....
Old 12-21-2009, 07:45 PM
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I don't do DE anymore dude! I race open wheelers now, got the CGT this summer and have racked up about 3k miles (work was a 50 mile commute each way of 60mph+ farm and highway roads this summer)
Old 12-21-2009, 08:03 PM
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Originally Posted by C.J. Ichiban
I don't do DE anymore dude!
Join the club .......
Nice daily drive.......
Old 12-21-2009, 08:25 PM
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Originally Posted by C.J. Ichiban
I don't do DE anymore dude! I race open wheelers now, got the CGT this summer and have racked up about 3k miles (work was a 50 mile commute each way of 60mph+ farm and highway roads this summer)

Did you happen to have it in New Orleans back in Feb-March this year? Possibly Parked it right off of Bourbon St.? Other wise there is another cat with a Matte Black CGT..

Pics from my iPhone..
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Old 12-22-2009, 03:16 AM
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Originally Posted by Pete
WOW!!! Just 3 days ago the said they would not sponsor any team, just races... How things change in F1... Here is the article from Friday.

Petronas abandons team sponsorship
18 December 2009


Petronas, Malaysian-owned oil and gas company and former sponsor of the Sauber and BMW teams, has revealed that it will not be associated with any Formula 1 team during the 2010 season. The brand will remain in the sport, however, as title sponsor for the Malaysian Grand Prix.

With Petronas having continued to sponsor BMW after the German car manufacturer bought the Sauber team ahead of the 2006 championship, the company founded in 1974 has now said that it will no longer be linked with the team or indeed any other in the sport.




Petronas will remain title sponsor of Kuala Lumpur's race
"Petronas started F1 as a branding programme but we have since moved into the business," explained company Chairman and President Tan Sri Mohd Hassan Marican. "We had a very good relationship with Sauber, which exposed our brand and gave us the opportunity to go global with our lubricants.

"It was also timely, when BMW took over Sauber, and that gave us an opportunity to partner with an original equipment manufacturer. The years we were together with BMW and Sauber, we benefited from the lubricant business; for next year, we have no team and the only reason for us to go back into Formula 1 is on a business deal for the lubricant business."

The news is likely to be received as negative by the Lotus team which, now Malaysian-owned, could have viewed the company as a possible associate. The Malaysian Grand Prix at Sepang, which next season hosts Round 3 of the campaign for the first time, will be taking place on Sunday 4 April.
nothing says "seriously, we won't pay that much" like a press release



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