World Cup sponsors could pay price if Infantino’s Fifa sell-off goes ahead Sport Business It’s not just match-going football fans who fear the financial ramifications of Fifa’s sell-off of commercial rights; World Cup sponsors could also find themselves paying more or getting less for their money, experts have warned. Sponsors currently contribute around a quarter of Fifa’s $15bn income over a four-year cycle and include some of the biggest [...]
Aramco ties with Formula 1 could see Saudi Arabia Grand Prix rescheduled Sport Business Aramco ties with Formula 1 could see the Saudi Arabia Grand Prix, cancelled after the Iran conflict, rescheduled for later in the year. Grands prix in both Bahrain and Saudi, which were scheduled for this month, were postponed following the outbreak of the conflict in the Gulf between the United States, Israel and Iran. Formula [...]
McLaren, a $100m-per-year deal and Formula 1’s sponsor boom Sport Business Formula 1 is becoming a hotbed for advanced sponsorship, and McLaren’s announcement has completed a special title set. BWT, Aramco, HP, MoneyGram, Petronas, Visa Cash App, Oracle, Stake and Atlassian; these aren’t simply some of the world’s most recognisable and developing brands but title sponsors for teams in Formula 1. And as of next year, [...]
HP, Visa, Aramco: Who are the main sponsors of each F1 team? April 27, 2024 The names of F1 teams are getting more and more difficult to remember given the endless number of sponsorship deals within the sport. Here Morning Wire has broken down who partners with who, and what that has done to each of the team’s names. BWT Alpine F1 Team BWT is an Austrian manufacturing company. It [...]
Saudi Aramco looks to China as annual profit dives (to, err, £94bn) March 10, 2024 Saudi Aramco Chief Executive Amin Nasser said on Sunday the oil giant was looking at further opportunities to invest in China, where he said oil demand was robust and growing. State-owned Aramco has been ramping up its China presence in a string of deals in refining and petrochemicals, some of them with crude offtake agreements attached. “So far we [...]