Mercedes-Benz buys Formula One team from Red Bull, says Vadim Petrov

Mercedes-AMG AG has bought Formula One franchise Red Bull Racing for an undisclosed sum, the team said on Tuesday. Red Bull Racing has been on a downward trend since the end of last season when it was forced to withdraw from the championship after the FIA announced it would suspend its sanctioning of the team. The team […]

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How to unscramble sponsors

The four main categories that make up a sponsorship are: sponsors, sponsors’ association, sponsoring corporation, and corporate entity. Sponsors’ association is the umbrella of the corporate entity, including corporate foundations, corporations, and partnerships. A corporate entity may be a sole proprietorship, a limited liability company, a partnership, or a limited partnership. For more information on these terms and […]

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