MARCH 19, 2002
McLaren and Siemens discuss extending their sponsorship
SIEMENS has become a big player in Formula 1 in recent years and the company is now in the process of renegotiating its sponsorship deal with the McLaren team, which ends this year after a very successful five year partnership. The signs are that the German information technology company will sign a new contract as Siemens sources say the sponsorship has been very successful.
Siemens is also the official technology supplier for the Formula 1 circus, supplying hardware and software for each Grand Prix.
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