Spa future secure after Shell naming deal

By on Thursday, March 17, 2011

Mar.17 (GMM) The immediate future of the Belgian grand prix seemed secure on Thursday.

It was announced that Shell, the Dutch global oil giant and Ferrari sponsor, has inked a "multi-year" deal to be the title sponsor of the popular Spa-Francorchamps race.

The historic event in the Belgian Ardennes was said to have been endangered for financial reasons.

"The formula one Shell Belgian grand prix is a cornerstone of the world championship calendar," said Shell Retail executive vice president John Bullock.

Shell also recently renewed its long-standing partnership with Ferrari until 2015.

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