Monday, November 26, 2012

Infiniti To Become One Of The Big Names Of Formula One

Nissan's Infiniti is joining high-powered nameplates such as Ferrari, Lotus and Mercedes and becomes title sponsor of a Formula One racing team. Under a four year contract, the highly successful Red Bull Racing team will change its name to Infiniti Red Bull Racing starting with the 2013 season.

Infiniti has been a co-sponsor of Red Bull Racing's car RB8 since 2011, and Sebastian Vettel was a brand ambassador. However, Infiniti's name was relegated to infinitesimally small stickers on the car. Now, Infiniti becomes one of the big names of Formula One, and it breathes the rarefied atmosphere vacated by global brands such as BMW, Toyota and Honda.

The honors don't come cheap: Before Toyota left the sport, its Formula One budget stood at $445.6 million, Honda and BMW spent similar amounts before they pulled out. We don't dare to ask the cost of becoming the title sponsor of a three times champion.



from The Truth About Cars http://www.thetruthaboutcars.com




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