Tag Archive: UBS

Oct 01

‘Faster’ cars would make F1 ‘harder’ – Coulthard

The best way to make F1 cars harder to drive is to make them faster.

IMG_4172 That is the view of retired grand prix veteran David Coulthard, following reports the sport’s governing FIA is concerned the challenge of driving an F1 car today is ‘too easy’. Read the rest of this entry »

Jan 27

2014 to be last season for F1 sponsor UBS

2014 could be major F1 sponsor UBS’ last season in the sport.

UBS logo We reported a year ago that the Swiss global financial services company, having entered F1 in 2010, is now considering pulling out. Read the rest of this entry »

Dec 26

Winning won’t drive Red Bull out of F1 – Ecclestone

Bernie Ecclestone is not worried Red Bull’s run of dominance will drive the brand out of formula one.

2013-10-12 - Red Bull Racing - Sebastian Vettel - 99020 The energy drink company’s premier F1 team and its lead driver Sebastian Vettel have won the past four drivers’ and constructors’ championships — so dominantly in 2013 that many questioned the spectacle of the latest triumph. Read the rest of this entry »

May 31

The Gilles Villeneuve Circuit is getting a makeover

Less than a week before the Formula One circus arrives in Montreal

2013-05-31_0012There were dozens of workers all around the circuit on Notre-Dame island this morning during our first visit to the site for the 2013 Grand Prix.

Flagworld photos album Read the rest of this entry »

Feb 05

Ecclestone to pen $200m sponsor deal – report

Bernie Ecclestone is tipped to sign up the airline Emirates as a major F1 sponsor on a visit to Dubai on Tuesday.

Formula 1 Circuit in Sochi - Bernier Ecclestone 2Welcome to Emirates.comThe Financial Times said the five year deal is worth “about $200m”, making it “one of the biggest” in motor sport. The report said Emirates would join formula one’s clutch of official sponsors, including UBS, Rolex, Tata and LG. Read the rest of this entry »

Feb 01

Sponsor UBS could quit F1 – reports

UBS, a major sponsor of formula one, could be considering pulling out of the sport.

2012-06-08_11992012-06-08_1175The Swiss based global financial services company entered F1 in 2010, powered by its then chief executive Oswald Grubel, who had also brought the Swiss bank Credit Suisse to the sport and was a board member of the BMW-Sauber team. Read the rest of this entry »

Apr 26

F1 racing ahead with $3bn floatation plans

F1’s plans to float on the Singapore stock exchange are continuing to harden.

Flagworld - F12012-03-18 - Australian Grand Prix - Pirelli 03 - TeamsThe sport’s majority owner CVC has reportedly lined up several banks – including UBS, RBS, Morgan Stanley, Goldman Sachs, Santander, DBS Group Holdings and CIMB – to handle the transaction. Read the rest of this entry »

Dec 28

Photos show Sauber with UBS sponsor logos

Sauber came tantalisingly close to a major sponsorship deal with UBS, the Zurich based global financial services company

Sauber 2011-12-07UBS logoIt emerged recently that, before deciding to sponsor the entire sport last year, UBS chief executive Oswald Grubel wanted instead to link the brand with an individual team. Blick claims that team was Hinwil based Sauber, and the newspaper has now published three ‘secret’ photographs to prove it. Read the rest of this entry »

Sep 22

F1 still ‘key’ for UBS after trader’s billions blunder

A spokeswoman on Thursday insisted UBS’s major formula one sponsorship is still on track.

2011-06-11_06732011-06-11_0442The Swiss bank made international headlines last week when it emerged a so-called ‘rogue trader’ had blown a $2 billion hole in its books.

Read the rest of this entry »

Sep 16

‘Rogue trader’ costs major F1 sponsor billions

A major formula one sponsor has had a $2 billion hole blown into its books by a so-called rogue trader.

Flagworld - F12011-07-24 - HRT F1 Team - Germany - Teams 01The Financial Times reports that a 31-year-old has been arrested in London as the Swiss group UBS, a ‘global partner’ of grand prix racing, saw its shares plunge almost 11 per cent.

Read the rest of this entry »

Jul 12

F1 director buys stake in sponsorship agency

One of F1’s non-executive directors is looking to get involved with formula one sponsorship deals.

2011-07-10_01392011-07-10_0145The Financial Times reports that global communications services company WPP, headed by founder and boss Sir Martin Sorrell, is taking a minority stake in the biggest F1 sponsorship agency Just Marketing.

Read the rest of this entry »

Mar 03

UBS to be new Chinese GP naming sponsor

The Chinese grand prix has found a new title sponsor.

Shanghai circuit2010-04-17 - Force India F1 Team - Adrian Sutil 03The Shanghai Daily reports that UBS, the Swiss global financial services company, will be added to the name of the race this year. The news was confirmed by formula one authorities as well as David Li, head of UBS’ Chinese arm. Read the rest of this entry »

Sep 03

F1’s new sponsor is good ‘signal’ for Williams

“I think we will land something pretty big despite the difficulties”

2010-09-02 - AT&T Williams - Dickie StanfordThe arrival in formula one of Swiss bank UBS is helping Williams in its search for a new major sponsor for 2011. It recently emerged that the sport has sealed a sponsorship deal with UBS that will be launched in Singapore later this month. Read the rest of this entry »

Nov 09

BMW-Sauber board member resigns

A long-time member of the BMW-Sauber board has resigned, according to Swiss reports

Oswald Grubel’s tenure dates back to his involvement with the sponsor Credit Suisse prior to the BMW takeover. Read the rest of this entry »