Formula One news

Toyota and Kingfisher end partnership

The Toyota Formula 1 team announced on Monday that it ended its sponsorship deal with Kingfisher Airlines. Kingfisher, owned by Vijay Mallya, had a sponsorship contract until the end of the 2008 Formula 1 season at Toyota.

Vijay Mallya is, together with the Mol family, the owner of the Force India Formula 1 team and thus the ending of his sponsorship deal at Toyota did not come as a big surprise.

In a statement the Toyota team explained: Toyota Motorsport GmbH has enjoyed a successful partnership with Kingfisher Airlines, collaborating on several promotional events both in India and across the world. However, Dr Mallya is now focusing on his new Formula 1 project and Kingfisher Airlines' request for an early end to the partnership has been agreed to be in the best interests of both parties.

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