Red Bull/Tag Heuer Formula 1 partnership announced

Wednesday, November 2nd, 2016 - autos, cars, motoring, news

Source : Red Bull/Tag Heuer Formula 1 partnership announced

Red Bull F1 splits through Infiniti, will be sponsored by Tag Heuer through 2016

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The Red Bull Formula 1 team will be sponsored by Swiss watch maker Tag Heuer through the 2016 season onwards.

The announcement comes shortly after Red Bull along with also Renault restructured their deal. The deal at This specific point involves Renault continuing to supply the engines, with no promotional aspect for Renault-Nissan planned, according to our sister title Autosport.

Infiniti along with also Red Bull partnered in Formula 1 between 2011 along with also 2015, with an annual figure of about $70 million (£46.7m) quoted for the deal. Red Bull along with also Infiniti will part ways at the end of the year.

No figure has been released for the Tag Heuer sponsorship, yet the brand can be renowned for its relationship with motorsport, in particular Formula 1, having formerly sponsored McLaren. The 2016 season car will carry the name Red Bull Racing-Tag Heuer RB12.

Renault can be also doing a return to Formula 1, having recently announced its acquisition of the Lotus F1 team along with also announcing its plan to compete as a stand-alone, Renault-badged team.

by via Autocar RSS Feed



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