Toyota Motorsport GmbH and Kingfisher Airlines. today announces
the premature end of their relationship.
Toyota Motorsport GmbH and Kingfisher Airlines have mutually
agreed to end the contract as Official Partner one year early,
meaning the relationship will cease at the end of 2007. This
decision allows Dr Vijay Mallya, the Chairman and CEO of Kingfisher
Airlines, to focus his Formula 1 activities on the Force India
team, of which he is co-owner.
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.
Chairman and Team Principal Tadashi Yamashina said: “I
would like to thank Kingfisher Airlines for its support during
2007 and I wish Dr Mallya good luck with his new Formula 1
venture. I look forward to seeing him next season, even if
he is now associated with a rival team.”
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