Vestas pays premium for Formula E entry with Mercedes-Benz EQ
Danish wind turbine company Vestas signed as a Principal Partner of the Mercedes-Benz EQ Formula E Team, having turned down the title position at Porsche Formula E, industry sources have told SportBusiness Sponsorship.
MONTMELO, SPAIN - MAY 12: Mercedes logo on the car in the garage during qualifying for the Spanish Formula One Grand Prix at Circuit de Catalunya on May 12, 2018 in Montmelo, Spain. (Photo by Mark Thompson/Getty Images)
German luxury car brand BMW has signed a multi-year extension to remain Official Vehicle Partner of the Formula E race series as it continues to press its claim as a leader in the electric mobility sector.