Mercedes-AMG Petronas F1 Team have announced signing a partnership renewal agreement with financial services company UBS, extending their long-standing partnership which kicked off back in 2011.

The renewal will see UBS continue to have branding presence on the front of the Mercedes drivers’ suit, while continuing to provide the team with its resources and industry experience.

Also read: Mercedes-AMG Petronas F1 Team Sponsors 2024

Speaking about the UBS extension, Toto Wolff, Team Principal & CEO of the Mercedes-AMG PETRONAS Formula One Team, commented:

“UBS has been an important member of our partner family ever since we began our relationship back in 2011. It is no surprise to me that we have enjoyed such a long-standing relationship given our shared values and goals. We both strive for excellence, maintain the highest standards, and share a commitment to sustainable performance. It is fantastic to extend our partnership yet again and we look forward to working together for many more years to come.”

Iqbal Khan, Co-President of UBS Global Wealth Management and President of UBS Asia-Pacific, added:

“We are proud to extend our long-term partnership with the Mercedes-AMG PETRONAS Formula One Team. The partnership reflects our shared values: a commitment to innovation, talent and teamwork, which all drive performance. I look forward to the opportunities our partnership will present in this next chapter together, as we continue to provide unparalleled experiences for our clients.”