Qatar Airways Wednesday introduced they are going to be taking the reigns as the brand new official airline sponsor of Formula One motor racing, changing their regional rival Emirates, marking a brand new chapter of their longstanding partnership with the world-renowned racing group.
The sponsorship announcement comes forward of the 2023 season, which kicks off subsequent month and also will see Qatar start a 10-year run as host of a Grand Prix, to be held in October.
The state-owned service will develop into a title sponsor of that race – now often known as the Qatar Airways Qatar Grand Prix – together with Grands Prix in Hungary and Emilia Romagna in Italy.
The airline’s press launch didn’t point out how a lot the sponsorship deal was value or another specifics.
Qatar Airways provides Formula One to an inventory of worldwide sports activities sponsorships, which embody world soccer’s governing physique FIFA and soccer golf equipment Bayern Munich and Paris St. Germain.
Dubai-based Emirates was Formula One’s major airline sponsor for the final decade.
Source: www.dailysabah.com
