McLaren and Petrobras end their agreement prematurely – Le Figaro

F1 team McLaren and Brazilian oil group Petrobras announced Monday to end prematurely their agreement that had been condemned by Brazilian President Jair Bolsonaro. "Petrobras and McLaren Racing have ended their technical and financial agreement by mutual consent," said a press release the following day (Monday) of the US Grand Prix in Austin, Texas. Mr. Bolsonaro had estimated that the Brazilian group, hit in recent years by a corruption scandal and of which the Brazilian state is the majority shareholder, did not have to spend its money to support an F1 team. Concluded last year, the contract valued at nearly 190 million euros was originally for 5 years.

His break with immediate effect came two weeks before the Brazilian GP and McLaren did not say whether a new sponsor will replace Petrobras. The McLaren team, whose drivers are the Spaniard Carlos Sainz Jr. and the Briton Lando Norris, is currently 4th in the Constructors' Championship with two races remaining. Fell in the bottom of the plateau in 2017, she began a recovery under the aegis of his American boss Zak Brown and after changing engine from Honda to Renault. She announced at the end of September that she will be equipped with the Mercedes engine from the season 2021.

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