written by james allen on his website ... dec 21 2009
The Mercedes GP team has won the hotly contested battle to secure the sponsorship of Malaysian oil company Petronas, in what it describes as a “long term deal”. The deal is a significant one, worth €30 million per season.
Combined with the prize money the team won this season as Brawn GP, which is of the order of €50 million, this gives Mercedes an €80 million budget for 2010 before they themselves have injected anything, or any other sponsors have contributed.Alongside Ferrari and McLaren,
this team is starting to look like a new powerhouse team for Formula 1, something it never was under BAT or Honda ownership. ))))
the wheels are in motion , the domination is already beginning - hmmm, schumacher's odds of winning the wdc is now to down to 5 to 2 , when last week odds were stacked against him at 11 to 1 ....
I would'nt be surprised if we see a 'Rory Byrne has just joined Mercedes' announcement in the coming weeks !
Mercedes GP Petronas F1 Team