Sponsorship agreement between VTB group and the Grand Prix of Russia Formula 1 is for nine years, told the first Deputy Chairman of the management Board of VTB Bank Vasily Titov.
In February 2017 VTB group became the title partner of the stage at the Sochi Autodrom, called VTB FORMULA 1 RUSSIA GRAND Prix.
“Formula 1 is one of the most interesting competitions in the world, clearly underrated in our country, but requiring very attentive and serious relationship, – said Titov in interview to “Izvestia”. – From all points of view – to maintain interest in the track, the teams, information about the racers. We came in Formula 1 for a long time and will try to make this the sport even more popular.
Our contract is for nine years, and we can change the situation for the better. Formula 1 is a unique competition not only for Russia but for the whole world. So to be part of the Grand Prix of Russia – it is an honor for us.”
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