Mercedes terminates Kingspan sponsorship deal

Mercedes terminates Kingspan sponsorship deal

Mercedes Formula 1 team has ended controversial sponsorship deal with Kingspan, saying it is “not appropriate” to continue the partnership.

Kingspan’s logo appeared on the helmet of Lewis Hamilton at the Saudi Arabian Grand Prix on Sunday, sparking protests after it emerged Kingspan products were used in Grenfell Tower, where 72 people were killed in a fire four years ago.

Mercedes said in a statement: “The Mercedes-AMG Petronas F1 team and Kingspan have announced they have mutually agreed to end their partnership.

“Announced last week, the new partnership included Kingspan chairing a new Sustainability Working Group for the team, and aimed to deliver carbon reductions through their leading-edge environmentally sustainable solutions for the team’s future campus.

“However, both parties have subsequently concluded that it is not appropriate for the partnership to move forward at the current point in time, notwithstanding its intended positive impact, and we have therefore agreed that it will be discontinued with immediate effect.”

Leave a Reply