Brazil’s president urges Petrobras to end McLaren F1 deal

Brazilian president Jair Bolsonaro has requested Petrobras to terminate its col🐟laboration with the McLaren Formula 1 team early.

McLaren announced a five-year t🐭echnological partnership with Petrobras in early 2018 and hasꦐ raced with the Brazilian company’s branding prominently featured on its F1 car.

Brazil’s president urges Petrobras to end McLaren F1 deal

Brazilian president Jair Bolsonaro has requested Petrobras to terminate its collaboration with the McL꧃aren Formula 1 tea⭕m early.

McL♔aren 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.

Petrobras is responsible for developing and providing fuel and lubricants f𓆏or 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 back its F1 investment trough state-backed companies.

Bolsonaro took to social media to say he had requested Petrobras to te♊rminate its deal with McLaren, w💖hich he claimed was worth around £150 million (R$782m).

"In 2018 Petrobras signed an advertising coꦺntract of R$782m with McLaren, valid for five years," Bolsonaro said in a tweet posted to his offic꧋ial Twitter account.

"At the moment, the company, by decision of my governmꦫent, seeks a way to terminate the contract."

Upon being contacted for comment by wuqian0821.com, a McLaren spokesperson responded saying "such matters are commercially confidential and therefore we are not♔ able to comment⛎ further."

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