The main sponsor of the Mercedes Team is Petronas, with an equally high amount of seventy million US dollars.
If you take a closer look at the F1 Grand Prix billboards, you will notice the logos of giants like UBS (Swiss Bank), VISA (credit card), Citibank, and Tanzande among others.
Also, HSBC is Zhou Guanyu's personal sponsor.
On the East Sea International Circuit, you would also see overwhelming billboards of UnionPay and Sinopec.
Many people might not understand why the financial and oil industries favor F1, even to the extent of investing heavily every year. It seems like spending tens of millions of US dollars in advertising constantly doesn't have a sufficient profit return.
In fact, having thoughts like this is completely wrong. Never doubt the investment vision of financial and oil giants; they are the real "capitalists"!
