Petronas to Continue GP Sponsorship

Malaysian oil producer Petronas, a familiar name in Formula 1, will continue to sponsor the Malaysian Grand Prix, according to the Malaysian National News Agency. It is a pretty short story, so here it is : KUALA LUMPUR, Nov. 5 (Bernama)—Petronas says it will continue to be the title sponsor of the Petronas Malaysian F1 Grand Prix which has proven to be an effective platform to promote Malaysia on the global stage. In a statement issued to Bernama Thursday, the national oil corporation said its participation and investment in Formula One – and in other sports – had always been based and was built on partnerships that provided direct support towards its business expansion, while complementing international branding efforts. “This r...

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