Petronas and Mercedes said they have worked on extending their partnership for a few more years.
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Malaysian big oil company, Petronas, and Germany’s premier automakers, Mercedes, denies that their partnership in Formula 1 (F1) racing was coming to an end.
Reportedly, there was a rumour going around that the F1 collaboration would stop in the year 2022, and that Saudi Arabia’s oil giant, Aramco, would be replacing Petronas as the Mercedes-AMG F1 team’s title sponsor.
In a statement, Petronas and Mercedes said that they have worked on extending their partnership for a few more years and are proud to continue with their mutually beneficial relationship in the F1 circuit scene.
Petronas has been a technical partner to the Mercedes-AMG Petronas team since 2010.
The team have won seven consecutive World Championship titles since 2014 with British driver Lewis Hamilton and German driver Nico Erik Rosberg behind the wheels.
For 2021, Lewis with his colleague Finnish race driver Valtteri Viktor Bottas will be speeding down the circuit in the sleek, new Mercedes-AMG F1 W12-E Performance F1 car.
You can also watch world-renowned motorsports engineer and designer James Allison explain the advancements behind this beautiful machine on YouTube.
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