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Panasonic Newsroom TOPPress ReleasePanasonic to Continue as Title Sponsor for the Toyota Formula 1 Team


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Headquarters News

Jan 15, 2009

Panasonic Corporation
Toyota Motor Corporation

Panasonic to Continue as Title Sponsor for the Toyota Formula 1 Team

Tokyo - Panasonic Corporation and Toyota Motor Corporation announced today the conclusion of a contract that will see Panasonic continue as the title sponsor for the Toyota Formula 1 team, Panasonic Toyota Racing.

This renewed agreement means that the current title sponsorship contract, which expires at the end of 2009, will be extended by three years to run from 2010 through to 2012 - the 10-year anniversary of Toyota's Formula 1 debut.

Tadashi Yamashina, Senior Managing Director for Motorsports at Toyota Motor Corporation and Team Principal for Panasonic Toyota Racing, said: 'I would like to extend my deepest thanks to Panasonic Corporation for continuing as our title sponsor, despite the particularly harsh economic climate. The team will redouble its efforts this year in order to achieve its long-sought-after first victory.'

*The content in the following news releases is accurate at the time of publication but may be subject to change without notice. Please note therefore that these documents may not always contain the most up-to-date information.

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The content in this website is accurate at the time of publication but may be subject to change without notice. Please note therefore that these documents may not always contain the most up-to-date information.