Intel to sponsor BMW’s Sauber Formula One team

Sushubh

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The fight between the two-microprocessor giants in the market Intel and AMD would now be on display on the racetrack as after AMD, now Intel is entering into a sponsorship with a Formula-1 team. While AMD is currently working with the Ferrari Formula-1 team, Intel has announced plans to sponsor the BMW’s Sauber Formula One racing team.

Intel has not revealed the financial details behind this deal with the BMW’s independent venture into the Formula-1 season. However, the sponsorship is close to being a title sponsorship, which can range from $8 million a year for a low-ranking team to nearly $70 million for the best cars.

More: https://techwhack.co/2685/151230-inte...ne-racing-team/
 

iBrood

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Vodafone is a huge loss for Ferrari, and I don't see siding with Philip Morris as a good deal in the long run, it only means loss of other sponsors, and the ever weakeing dollar won't help.