Brazil government wants Petrobras' McLaren deal terminated

Petrobras is seeking to end its partnership with the McLaren Formula 1 team at the request of Brazil's national government, the country's new president has claimed.

Brazil government wants Petrobras' McLaren deal terminated

McLaren announced a new technology tie-up with Petrobras at the start of 2018, to begin from 2019. 

As well as branding on the car, the Brazilian company is responsible for developing fuel and lubricants for McLaren to use.

McLaren was using Petrobras transmission lubricant at the start of the 2019 and indicated other products would be ready “soon”.  

Brazilian president Jair Bolsonaro has claimed that on his order, Petrobras – which is 64% owned by the government through direct and indirect means  – will seek to end the deal. 

He claimed that Petrobras’s five-year deal with McLaren was worth 782million Brazilian Real, which today is worth roughly £150m.

“In 2018 Petrobras signed an advertising contract of R$782m with McLaren, valid for five years,” Bolsonaro tweeted from his official account. 

“At the moment, the company, by decision of my government, seeks a way to terminate the contract.”

 

When approached for a comment on the situation, a McLaren spokesman said: “Such matters are commercially confidential and therefore we are not able to comment further.”

Petrobras has already cancelled one motorsport initiative by choosing to end its support of the national Seletiva de Kart competition it has backed for 20 years. 

Bolsonaro, a right-wing politician, assumed the Brazilian presidency at the start of 2019 and has targeted major reform economically and politically.

His statement regarding McLaren and Petrobras is the second time this month he has become involved in F1 affairs. 

Last week he announced that the Brazilian Grand Prix would move from Sao Paulo’s Interlagos circuit to a new purpose-built venue in Rio de Janeiro, where he lives and held political positions prior to his presidency bid.

shares
comments
Pirelli puzzled by complaints over new F1 tyres' working range

Previous article

Pirelli puzzled by complaints over new F1 tyres' working range

Next article

Hockenheim: German GP a must if Schumacher gets F1 seat

Hockenheim: German GP a must if Schumacher gets F1 seat
Load comments

About this article

Series Formula 1
Author Scott Mitchell
Why Mercedes isn't confident it's really ahead of Red Bull at Imola Prime

Why Mercedes isn't confident it's really ahead of Red Bull at Imola

While Mercedes struck back against Red Bull by topping the times at Imola on Friday ahead of the Emilia Romagna Grand Prix, the overall picture remains incredibly close. Despite having a possible edge this weekend, the reigning Formula 1 world champion squad is not taking anything for granted...

What Mercedes must do to keep its F1 title challenge on track Prime

What Mercedes must do to keep its F1 title challenge on track

Mercedes may find itself leading the drivers' and constructors' standings after Lewis Hamilton's victory in the Bahrain Grand Prix, but it is well aware that it came against the odds, with Red Bull clearly ahead. Here's what the Brackley team must do to avoid its crown slipping .

The double whammy that is defining Vettel’s F1 fate Prime

The double whammy that is defining Vettel’s F1 fate

It's been a tough start to Sebastian Vettel's Aston Martin F1 career, with a lack of pre-season testing mileage followed by an incident-packed Bahrain GP. But two key underlying factors mean a turnaround is no guarantee.

Formula 1
Apr 14, 2021
The themes to watch in F1's Imola return Prime

The themes to watch in F1's Imola return

Three weeks is a long time in Formula 1, but in the reshaped start to the 2021 season the teams head to Imola to pick things up after the frenetic Bahrain opener. Here's what to look out for and the developments to follow at the Emilia Romagna Grand Prix

Formula 1
Apr 13, 2021
The 'new' F1 drivers who need to improve at Imola Prime

The 'new' F1 drivers who need to improve at Imola

After a pandemic-hit winter of seat-swapping, F1 kicked off its season with several new faces in town, other drivers adapting to new environments, and one making a much-anticipated comeback. Ben Anderson looks at who made the most of their opportunity and who needs to try harder…

Formula 1
Apr 12, 2021
The delay that quashed Aston Martin’s last F1 venture Prime

The delay that quashed Aston Martin’s last F1 venture

Aston Martin’s only previous foray into Formula 1 in the late 1950s was a short-lived and unsuccessful affair. But it could have been so different, says Nigel Roebuck.

Formula 1
Apr 10, 2021
Verstappen exclusive: Why lack of titles won't hurt Red Bull's ace Prime

Verstappen exclusive: Why lack of titles won't hurt Red Bull's ace

Max Verstappen’s star quality in Formula 1 is clear. Now equipped with a Red Bull car that is, right now, the world title favourite and the experience to support his talent, could 2021 be the Dutchman’s year to topple the dominant force of Lewis Hamilton and Mercedes?

Formula 1
Apr 9, 2021
Is Formula 1 as good as it has ever been now? Prime

Is Formula 1 as good as it has ever been now?

For many, many years Formula 1 has strived to do and to be better on all fronts. With close competition, a growing fanbase, a stable political landscape and rules in place to encourage sustainability, 2021 is on course to provide an unexpected peak

Formula 1
Apr 8, 2021