Red Bull F1 team could lose Infiniti sponsor

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Red Bull could lose its major title sponsor Infiniti. As you may have read, the F1 team is faltering on the pre-season test circuits, but the luxury Nissan brand does not intend to renew its contract beyond 2015.

According to the German magazine Bild, the value of the deal, involving team naming rights and a conspicuous purple presence on the Red Bull livery, is about 40 million Euros per year.

According to rumors, Infiniti is baulking because it wants to move beyond and become a financial partner to the top F1 team.

“We know that Infiniti had hopes for a greater technical cooperation,” Red Bull’s Dr Helmut Marko acknowledged. Former F1 driver Gerhard Berger, a close confidante of team owner Dietrich Mateschitz, commented: “If anyone can overcome the loss of a sponsor, it is Red Bull.”

by: Carpower360