Kenya’s Sportpesa joins the world of Formula One sponsorship
Today in Canada, sports betting company Sportpesa was unveiled as the title sponsor of the Racing Point Formula One team in its latest international sponsorship venture.
Others sponsors of the team are Bombardier, JCB, BWT and team officials also announced there was room for more sponsors to push the team forward to better performances on track during the season that begins in March 2019 in Australia. The team’s drivers said their realistic aim for the year was for fourth place in the constructor’s championship (i.e. behind the perennial top three teams – Mercedes, Ferrari, Red Bull), to get some podium finishes, and perhaps even a race win.
Racing point is the former Force India team that ran into financial difficulties during the 2018 season.
A company linked to race driver Sergio Perez applied for administrators to be appointed at his Force India team over an unpaid £3M debt. It was supported by Mercedes, which is owed £9M, and sponsor BWT and this will allow the team to continue to operate as it sorts its finances. https://t.co/CLIiq0Ntcq
This also ends an unfortunate joke era when the newly-elected governor for Machakos, Alfred Mutua, unveiled his dream for a formula one track in his county, back in 2013.
Photos of the New Machakos city plans: Machakos Formula 1 track. pic.twitter.com/v0atriOxJ8