F1, Formula 1, NASCAR, IndyCar, MotoGP, ALMS, And More!
z


Mar 06, 2013 - 08:09 AM
Top News!
Rumors Edition!
Upcoming Racing! (Updated)

Top Stories
· Heavy Hit Hurts Danica Patrick in the Points Standings (Mar 4, 2013)
· 2013 Phoenix: NASCAR Sprint Cup Race Results - Edwards, Ford Win! (Mar 3, 2013)
· 2013 Barcelona: Formula One F1 Sunday Test Results - Rosberg, Mercedes Fastest! (Mar 3, 2013)
· 2013 Phoenix: NASCAR Sprint Cup Starting Line-up & Race Preview (Mar 3, 2013)
· 2013 Phoenix: NASCAR Nationwide Race Results - Busch, Toyota Win! (Mar 2, 2013)

Previous Top Stories!


Hot Rumors!
· F1: 22 Grand Prix For 2014 ? (Mar 5, 2013)
· F1: Honda Engineers Already At McLaren ? (Mar 3, 2013)
· 2013 Formula One F1 Driver Line-up, Rumor Round-up & 2014 Silly Season Rumors - March 1st (Mar 2, 2013)
· F1: Kovalainen Back For Formula One ? (Mar 1, 2013)
· F1: Mercedes' Lauda To Return To Aviation ? (Mar 1, 2013)
More Rumors!


PDVSA deal 'to continue' after Chavez death - Williams
Posted by: Admin on Mar 06, 2013 - 08:08 AM
Formula 1 News
PDVSA deal 'to continue' after Chavez death - Williams


Williams on Wednesday played down fears the death of Venezuelan president Hugo Chavez could hurt the British team.

Through 2012 Barcelona winner Pastor Maldonado, Oxfordshire based Williams is heavily sponsored by PDVSA, the state-controlled Venezuelan oil company.


 

Bookmark and Share

The deal has always been closely associated with Chavez, the controversial Venezuelan president who was personally involved in the promotion of Maldonado's career.

Chavez, 58, died of cancer on Tuesday, and despite winning a sixth presidential term only recently, it is possible his United Socialist party will lose power when new elections are held next month.

Germany's Auto Motor und Sport estimates Williams' annual deal with PDVSA at around EUR 30 million.

But "Williams fans need not worry," correspondent Tobias Gruner wrote on Wednesday.

He quoted a Williams source as saying: "The (PDVSA) contract is watertight and will continue even after the death of Chavez."



PaddockTalk Perspective



Also in Formula 1 News:



 
Related links
· F1 Edition
· PaddockTalk Top News
· F1 Rumors
· More about Formula 1 News







Home :: _ 


All logos and trademarks in this site are property of their respective owner.
The comments are property of their posters, all the rest (c) 2003-2014 by PaddockTalk.com.
Contact E-mail: admin@paddocktalk.com
Privacy