
Allianz extends F1 Sponsorship
Allianz remains a committed partner of Formula One™ also in the coming two Grand Prix years with the next season to start on the 29th March 2009 on the street circuit of Melbourne, Australia. The company has prolonged its global engagement for another two years until the end of 2010.
Allianz Insurance Management Asia Pacific
Singapore, Mar 24, 2009
Allianz sponsoring approach consists of a contract for trackside branding, an Official Global Partnership with Formula One™ and a team partnership with AT&T Williams.
"Extending our partnership clearly underlines our long-term commitment to Formula One™. It is a perfect platform to reach millions of people worldwide every race weekend," said Steven Althaus, Allianz Senior Vice President Global Market Management. In 2000, Allianz was one of the first financial service providers to sponsor Formula One™.
Steven Althaus, "Our key competence as a leading financial service provider is to help our customers to manage risks and opportunities. Allianz knows the principles of managing risks - in financial services as well as in Formula One™. The safety and risk management standards in Formula One™ provide us with insights that we can use for the benefit of our 50 million motor insurance customers worldwide." Heading into the company's tenth sponsorship year, the affiliation between Allianz and Formula One™ has proven its worth.

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