Brazil’s president urges Petrobras to end McLaren F1 deal
B🥂razilian president Jair Bolsonaro has requested Pe𝓰trobras to terminate its collaboration with the McLaren Formula 1 team early.
McLaren announced a five-year technological partnership with Petrobras in early 🧜2018 and has raced with the Brazilian company’s b✨randing prominently featured on its F1 car.
Brazilian president🐼 Jair Bolsonaro has requested Petrobras to termiꦜnate its collaboration with the McLaren Formula 1 team early.
McLaren announced a five-year technological partnership with Petrob꧟ras in early 2018 and has raced with the Brazilian company’s branding prominently feature💦d on its F1 car.
Petrobras is responsible for dev🦂eloping and providing fuel and lubricants for the Woking squad, which began the year unsure whether the switch from former suppliers BP/Castrol would be completed in time for the new season amid reports the Brazilian government was looking to scale ba෴ck its F1 investment trough state-backed companies.
Bolsonaro took to social media to say he had requested Petrobras to terminate its deal with M🤪cLaren, which he claimed was worth around £150 million (R$782m).
"In 2018 Petrobras signed an advertising contract of R$782m with McLaren, valid for five years," Bolsonaro said in a tweet posted🃏 to his official Twitter account.
"At the moment, the company, by decision of my government, se🉐eks a way to terminate the contract."
Upon being contacted for comment by mahbx.com, a McLa😼ren spokesperson responded saying "such🌌 matters are commercially confidential and therefore we are not able to comment further."
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