Al Ittihad stages dramatic comeback to defeat Al Kholood 4-3 in thriller    55 Saudi companies take part in Baghdad International Fair    10,295 illegal residents deported in a week    Nazaha arrests 158 ministry employees over corruption charges    Health minister: 40% fall in mortality rates caused by chronic diseases since 2017    Arab ministerial meeting in Cairo rejects displacement of Palestinians    Venezuela frees six detained Americans after Trump envoy meets with Maduro    Saudi Arabia's non-oil exports with Gulf countries soar 43% to SR9.4 billion in November    Fitch affirms Saudi Arabia's Credit Rating at 'A+' with a Stable Outlook    Saudi foreign minister and US Secretary of State discuss bilateral relations and regional developments    Small plane crashes into buildings in northeast Philadelphia, sparking fires and injuries    Trump imposes tariffs on Mexico, Canada, and China, escalating trade tensions    Saudi Arabia mandates national attire for male secondary school students    Al Nassr signs Colombian striker Jhon Durán from Aston Villa    Al Hilal returns to winning ways with a dominant 4-0 victory over Al Okhdood    Al Ahli signs Brazilian winger Galeno from Porto on a long-term deal    Saudi composer Nasser Al-Saleh passes away at 63    Saudi drama icon Mohammed Al-Towayan passes away at 79    Singer and actress Marianne Faithfull dies at 78    Saudi Arabia launches inaugural Art Week Riyadh on April 6-13    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Red Bull, Infiniti end F1 partnership
Published in The Saudi Gazette on 08 - 12 - 2015

Former world champion Red Bull and Nissan's Infiniti premium car brand will end their Formula One partnership at the end of this year, the team said in a statement Sunday.
Infiniti, part of the Renault-Nissan alliance, has been with Red Bull since 2011 and title sponsor since 2013.
The relationship had looked to be on borrowed time after the team fell out with Renault as a result of the poor performance of the V6 turbo hybrid power unit provided by the French manufacturer.
The car marque could now follow Renault, which announced last week that it was buying struggling Lotus and returning as a full works team.
Red Bull, which won four successive world drivers' and constructors' titles with Renault engines, tried and failed to secure an alternative engine for 2016 and has ended up with a compromise instead.
The team announced last week that its 2016 power unit would be still provided by Renault but branded with the name of new Swiss luxury watch partner Tag-Heuer.
"The team today announces that its commercial partnership with Infiniti will conclude at the end of 2015," Red Bull said in a statement.
"Red Bull and Renault have reached a mutual and amicable agreement that will see the French car manufacturer continue to supply the team with engines for the 2016 Formula One season, and this new agreement does not cover any marketing activity for the Renault-Nissan Alliance."
Media reports have suggested the Infiniti deal was worth some 40 million euros ($43.53 million) a year to Red Bull, and possibly more.
Together, Red Bull and Infiniti won three drivers' and constructors' titles as well as 35 Grands Prix wins, 37 pole positions and 80 podiums.
"They became the title sponsor of the team in 2013 where Infiniti enjoyed greater visibility than any other manufacturer in the sport," said team principal Christian Horner. — Reuters


Clic here to read the story from its source.