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Aramco Enters Long-Term Global Sponsorship Deal With Formula 1
Aramco Enters Long-Term Global Sponsorship Deal With Formula 1
10 Mar 2020, 05:05 PM IST
(Bloomberg) -- Saudi Aramco, the world’s biggest oil producer, entered a sponsorship deal with Formula 1.
(Bloomberg) -- Saudi Aramco, the world’s biggest oil producer, entered a sponsorship deal with Formula 1.
It’s the Saudi company’s first global sponsorship of a major sporting event, according to the statement. The deal includes track-side branding and title rights to major Formula 1 races this year.
To contact the reporter on this story: Claudia Maedler in Dubai at cmaedler@bloomberg.net
To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net
©2020 Bloomberg L.P.
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