View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Sponsorship
September 28, 2022

Mercedes and Petronas extend F1 tie-up beyond 2026

The renewal will see the two work together on F1's new engine regulations from 2026.

By Stu Robarts

The Mercedes-AMG team, of motor racing’s premier Formula 1 (F1) series, and its title and technical partner Petronas, the Malaysian oil and gas company, have extended their deal from 2026.

Although no figure has been placed on the length of the renewal, it will take their relationship at least up to the two-decade mark, according to Mercedes-AMG Petronas F1 commercial director Richard Sanders, with them having first partnered in 2010.

Announced today (September 28) at the Petronas Tower in Kuala Lumpur, Malaysia, the extension has been agreed with F1’s introduction of new, more sustainable engine regulations from 2026 in mind.

The two parties have also indicated that the success of the partnership since 2010, which has included eight constructors’ world championships and 115 grand prix victories, is a factor in their continued confidence.

Toto Wolff, chief executive and team principal of Mercedes-AMG Petronas, said: “Today we are doing something a little bit unusual – announcing a partnership that will begin in four years’ time. This sends an important message: our team and Petronas are no longer just partners, we are family, and we will be one team for many more years to come.

“From 2026, advanced sustainable fuel will be at the heart of F1 performance – and this gives us a fantastic opportunity to demonstrate our expertise in this domain, through both the power unit and Petronas Fluid Technology Solutions. We are excited to be racing into the future alongside Petronas, with the ambition to set the standard once again, in our on-track performance and by pioneering the transition of a global sports team to a net-zero future.”

Petronas provides its Fluid Technology Solutions for the team and will continue to do so beyond 2026, supporting the move to advanced sustainable fuel for the next-generation power units, while the partnership helps it to develop fluids for consumer markets.

In addition, Petronas is developing sustainable aviation fuel in line with mandatory regulations that will take effect in 2027. This – and the subsequent development of fluids for on-road vehicles, diesel-powered trains, and marine transportation – will be aided by the evolution of the partnership as a result of the new upcoming regulations and, indeed, directly affects the logistics of F1.

Datuk Tengku Muhammad Taufik, president and group chief executive at Petronas, added: “What you are witnessing today bears testimony to the shared conviction of both Petronas and the Mercedes-AMG Petronas F1 Team: that the synergy and shared ambition of both parties will deliver a pathway to responsibly provide the sports and our customers with energy that is cleaner and more sustainable.

“Given the accumulated experience as a team over the last decade and the technical capabilities and expertise sourced from our combined talents, Petronas looks forward to charting the next chapter with a focus on advanced sustainable fuel for Mercedes and its customer teams. Together with our partners, Petronas will keep pushing boundaries with our Fluid Technology Solutions through innovative offerings. At the heart of our efforts will be sustainability – as we all progress towards a lower-carbon future.”

Mercedes-AMG Petronas' second-tier principal partner, below Petronas, is Ineos, while third-tier team partners include UBS, TeamViewer, Crowdstrike, and FTX.

Petronas, meanwhile, became the official fuel supplier of Moto2 and Moto3, the support series of motorcycling’s MotoGP World Championship, in 2019.

In March, it was announced as the title sponsor of MotoGP’s Grand Prix of Malaysia.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to your inbox every weekday. The industry's most comprehensive news and information delivered to your inbox every Thursday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Sportcal