PETRONAS EXTENDS MALAYSIAN GP DEAL- 3 Sep 2010 00:00:00
Malaysian state oil company Petronas has extended its title sponsorship of the country's Formula One Grand Prix for another five years until 2015.
Malaysia has hosted a grand prix at the purpose-built Sepang International circuit outside Kuala Lumpur since 1999 and Petronas has sponsored all 12 races.
The Kuala Lumpur-based Petronas also title sponsors the F1 team Mercedes GP.
Formula One supremo Bernie Ecclestone said the Malaysian Grand Prix had helped the growth of the series in Asia, which now hosts races in Japan, China, Bahrain, Singapore, Abu Dhabi and, for the first time this year, South Korea.
‘We have a really close relationship with Petronas who help Malaysia promote the country worldwide,’ said Ecclestone.
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