The Renault Sport Formula One team have expanded their partnership with Mapfre to see the Spanish insurance firm become one of the team’s main sponsors.
The Mapfre brand will appear prominently on the nose and sides of both Renault vehicles, as well as on the uniforms and helmets of drivers Carlos Sainz and Nico Hülkenberg.
The agreement was presented on Tuesday in Paris at a meeting between the chairman and chief executive of Mapfre, Antonio Huertas and Renault chairman and chief executive Carlos Ghosn.
“This agreement with Groupe Renault will allow us to further promote the Mapfre brand and its values worldwide," explained Huerta. “Formula One is not just a competitive sport - it is also a testing ground for technological research that can then be expanded to society as a whole. This philosophy fits perfectly with our strategic position for the future.”
“After a positive first season together it’s fantastic that Mapfre has made a significant further contribution to the team for the future,” added Jérôme Stoll, president of Renault Sport Racing. “Mapfre is a company which is on the move and we are delighted to continue supporting their brand awareness development at a global level.
“Our relationship with Mapfre has highlighted the reach and potential of Formula One and the team and this long-term partnership is an opportunity for Groupe Renault and Mapfre to build new projects together. We look forward to continuing to push for our respective targets over the coming seasons.”