Formula 1
Formula 1
30 Apr
-
03 May
FP1 in
43 days
07 May
-
10 May
FP1 in
50 days
21 May
-
24 May
FP1 in
63 days
R
Azerbaijan GP
04 Jun
-
07 Jun
FP1 in
78 days
11 Jun
-
14 Jun
FP1 in
85 days
25 Jun
-
28 Jun
FP1 in
99 days
02 Jul
-
05 Jul
FP1 in
106 days
16 Jul
-
19 Jul
FP1 in
120 days
R
Hungarian GP
30 Jul
-
02 Aug
FP1 in
134 days
27 Aug
-
30 Aug
FP1 in
162 days
03 Sep
-
06 Sep
FP1 in
169 days
R
Singapore GP
17 Sep
-
20 Sep
FP1 in
183 days
24 Sep
-
27 Sep
FP1 in
190 days
R
United States GP
22 Oct
-
25 Oct
FP1 in
218 days
29 Oct
-
01 Nov
FP1 in
225 days
R
Brazilian GP
12 Nov
-
15 Nov
FP1 in
239 days
R
Abu Dhabi GP
26 Nov
-
29 Nov
FP1 in
253 days

Martini and Williams to end sponsorship deal

shares
comments
Martini and Williams to end sponsorship deal
By:
Feb 27, 2018, 8:04 AM

Martini will not extend its title sponsorship of Williams when it expires at the end of the season as it exits Formula 1 after a five-year stint, Motorsport.com has learned.

 The Williams hospitality unit
Lance Stroll, Williams FW41
Williams FW41
Lance Stroll, Williams FW41
Sergey Sirotkin, Williams FW41
Sergey Sirotkin, Williams FW41
Lance Stroll, Williams FW41

Martini brought its famous white, blue and red colour scheme back to F1 in 2014 when it signed the Williams deal that resulted in a full rebranding of the car.

The colour scheme was last seen on the Brabham cars in 1975 and marked Martini's largest F1 programme since it backed Lotus in 1979.

Motorsport.com understands Martini discussed an extension with Williams as well as speaking to other teams about an alternative arrangement.

But it is believed the board of the Bacardi Group, of which Martini belongs, decided to stop diverting resources to F1 entirely as it no longer aligned with its strategic objectives.

When asked to comment, deputy team principal Claire Williams told Motorsport.com: "We have discussed extending beyond 2018.

"While we would both like to do so, the Bacardi Group have told us that they will step away entirely from Formula 1 when our contract expires at the end of this year.

"They have many brands to support and obviously their strategic priorities evolve over time."

Martini's departure is a blow to Williams, however it retains a solid group of sponsors and added Acronis to its portfolio ahead of the season.

It also received a significant cash injection from SMP Racing as part of the deal to run Sergey Sirotkin ahead of the season.

That is in addition to the financial benefits from running Lance Stroll, who is backed by his billionaire father Lawrence.

Williams said the team remained "financially stable" but would not comment further on the team's finances as it is a listed company.

She added a "strong partner community is central to our operation" but "I wouldn't assume that we would prioritise title partnership above anything else".

There was a suggestion Williams employing two drivers under the age of 25 would damage relations with Martini, but that is understood to be wide of the mark.

Martini will continue to work with Williams and its drivers - including reserve Robert Kubica - for the remainder of the year, including celebrating the 50th year of Martini Racing.

Next article
Live: Follow Barcelona F1 testing as it happens

Previous article

Live: Follow Barcelona F1 testing as it happens

Next article

New camera angles part of 2018 F1 TV shake-up

New camera angles part of 2018 F1 TV shake-up
Load comments

About this article

Series Formula 1
Teams Williams
Author Lawrence Barretto