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Formula One supremo Bernie Ecclestone said it would be “a natural thing to do” for Emirates Airline to buy or launch an F1 team, especially in light of the Dubai airline’s 2006 sponsorship of the McLaren F1 team and its recent five-year sponsorship deal with the sport.
The Dubai airline on Tuesday announced a five-year sponsorship deal with Formula One – rumoured to be worth in the region of $200m – to become a global partner with the sport.
At the official signing of the deal at Emirates’ HQ in Dubai, Bernie Ecclestone, CEO of the Formula One group, endorsed the possibility of the Dubai airline launching its own F1 team.
“If they feel that they want to expand into that area… Emirates used to have a team long time ago with McLaren so if they decide to get back into that again then yes… I think it is quite a natural thing to do,” Ecclestone said of the possibility of an Emirates-branded F1 team.
Emirates was previously a major sponsor partner of the McLaren F1 team in 2006. The one-year-only deal was reportedly worth $25m and occurred when tobacco sponsor West dropped out and telco giant Vodafone was not due to start its deal until 2007.
When pressed on the issue, HH Sheikh Ahmed bin Saeed Al-Maktoum, chairman and CEO of Emirates Airline & Group was coy on the matter.
“I think we always like to be associated with the top sports and F1 is one of the top sports around the world,” he told Arabian Business on the sidelines of the F1 signing.
“What we did seven years ago was because there was a window and there was an opportunity for Emirates… It was good actually,” he added.
The latest five-year deal sees the airline join a host of big name F1 official sponsors including UBS, Rolex, Tata and LG.
When asked if he was in talks with any other Middle Eastern brands for potential sponsorship deals, Ecclestone said “the answer is yes,” but declined to reveal which brands they were or the status of talks.
Formula 1 Grand Prix races will be staged this year in Abu Dhabi and Bahrain, but Ecclestone didn’t rule out a race being hosted in Emirates’ homeland of Dubai. “We have a couple of events in the region so we will have to wait and see… We have two in this area so it would probably be difficult to pop another one in,” he said.
The presence of a race in Abu Dhabi was not a direct hindrance, as Ecclestone confirmed Abu Dhabi does not have UAE exclusive rights to stage a race as part of its contract with the Formula One Group.
Currently, there are 19 races on the circuit and Ecclestone confirmed talks were currently taking place with Qatar for another race.
As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SaySalman Al, perhaps nobody has informed you of the fact that Britain has been 'paying back' for decades now, in giving safe haven to a vast swathe of imigrants... more
Wednesday, 22 May 2013 1:33 PM - MarkWell, don't you know that these were AMERICANS!! The most ignorant nation in the World!!! May God continue to bless America! more
Wednesday, 22 May 2013 4:34 PM - Kazim MuneerAs much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty SayLet me put the entire issue in perspective. There are massive traffic problems on the roads of Kuwait, where Kuwait can boast high road fatalities and... more
Tuesday, 21 May 2013 1:28 PM - AbdullahSalman Al, perhaps nobody has informed you of the fact that Britain has been 'paying back' for decades now, in giving safe haven to a vast swathe of imigrants... more
Wednesday, 22 May 2013 1:33 PM - MarkHappy employees, happy customers. Quite simple actually. 60,000 unhappy staff, well, you do the math on how many unhappy customers can result from poor... more
Monday, 20 May 2013 10:27 AM - Louie TedescoIslam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graemeAs much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more
Wednesday, 22 May 2013 11:56 AM - Ty Say
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