- Contract covers the transition to sustainable fuels in 2024
- Petronas brand will feature on Moto2 and Moto3 countdown signal boards
- Retains on-track advertising across MotoGP season
Dorna Sports, series promoter for MotoGP, has announced an extension with Petronas as the exclusive fuel supplier for its Moto2 and Moto3 feeder series.
Financial terms and the length of the deal are not disclosed, but the extensions commence from the start of the 2023 season and will cover the transition to sustainable fuels in 2024.
The agreement will also see the Petronas brand retain visibility across the top MotoGP series, with on-track advertising. In addition, the Malaysian company's name will feature on the countdown signal boards on the grid for Moto2 and Moto3.
“I am pleased that Petronas will continue to be the exclusive fuel supplier to the Moto3 and Moto2 world championship from 2023 onwards,” said Datin Anita Azrina Abdul Aziz, senior general manager, group strategic communications at Petronas.
“Moving forward, the partnership will evolve and see Petronas work closer together with Dorna Sports and push towards making the championship more sustainable.
“For Petronas, we view Dorna’s call to reduce carbon emissions in MotoGP as key in unlocking new opportunities as we embark to redefine ourselves in the face of the energy transition.
“Beyond the comercial aspect, the extension of the agreement, and Petronas’ title sponsorship of the Malaysian Grand Prix, we also hope to contribute to the growth of the motorsports industry in Malaysia. This is the same reason why Petronas has continued to support grassroot Malaysian competitions over the past two decades and revive the wildcard programme.”
Carmelo Ezpeleta, chief executive of Dorna Sports, added: “We’re very happy to extend our partnership with Petronas and especially so as our new era of sustainable fuel appears on the horizon.
“We are proud of the relationships we have built in the sport and to extend them into a new era, taking on new challenges together, speaks to the strength of a collaboration. We’re delighted to see Petronas power Moto2 and Moto3 into the future and to see one of the biggest names in motorsport continue in such a vital role.”
Petronas recently extended its 'US$75 million a year' contract with Mercedes in Formula One, with the focus also being placed on sustainable innovation.