GPWizard F1 Forum
F1 News & Discussions => General F1 Discussion => Topic started by: John S on November 13, 2008, 08:54:07 PM
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Frank and Patrick will get part of their funding next year, lets hope they can find the rest :good:
The Williams team today confirmed that its long-standing sponsorship engagement with Allianz has been extended, which will take the partnership into its second decade.
Allianz is part of a wider quorum of Williams sponsors who have, or will have partnered the team for more than ten years, with other decade-long sponsorships including Accenture and Thomson-Reuters among others.
Frank Williams, Team Principal
“I would like to thank Allianz for their valuable and long term support. Their ongoing association with the team is the greatest validation of our efforts and there is little which can be more satisfying than enduring relationships of this nature.
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Steven Althaus, Allianz Head of Marketing
“Allianz has built extremely effective international awareness campaigns about road safety and risk management around the themes Formula One provides. These campaigns have directly and positively impacted our core business activities and this is why our programme with AT&T Williams endures. We are delighted to be extending our agreement with the team.”
© CAPSIS International
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The team has a few very loyal sponsors, but sadly do not earn enough to really be able to compete financially. I think the hope (as with the other teams) is that the new rules will remove so much of the financial burden at least for a season or two whilst teams adjust. Williams do well when there is not such an emphasis on aero performance.