Rolex is a Global Partner and Official Timepiece of Formula 1®, the pinnacle of motor sport. This partnership, formed in 2013, marks the culmination of the brand’s history of close ties with motor racing, speed and cutting-edge technology.
In this post
Does Rolex time F1?
Rolex has been a Global Partner and the Official Timepiece of Formula 1 for 10 years. This year, marks Rolex’s 10 year as a Global Partner and the Official Timepiece of Formula 1®, a role it took on in 2013.
How much does Rolex pay to sponsor F1?
They include beer brand Heineken and luxury watch maker Rolex which pay estimated annual fees of $50 million and $45 million respectively. Global partners get benefits such as use of the F1 logo in their advertising campaigns, title sponsorship of races and banners around the track throughout the season.
What watch sponsors F1?
Beginning with Heuer in the ’70s, the team of the prancing horse has signed sponsorship deals with Longines, Cartier, Girard-Perregaux, Hublot and, as of the 2021 season, Richard Mille.
When did Rolex start sponsoring F1?
A GLOBAL PARTNERSHIP WITH FORMULA 1®
In early 2013, Rolex became a Global Partner and Official Timepiece of Formula 1®, the pinnacle of motor sports.
How much does Rolex give F1?
It went viral and the level of exposure encouraged Rolex to outbid Hublot for the spot as F1’s official timekeeper. It paid an estimated $45m annually for the privilege and remains there to this day.
Which events does Rolex sponsor?
Today, Rolex is present at the most prestigious events in golf, sailing, tennis, motor sport, and at equestrian tournaments. Rolex makes a unique and lasting contribution to global culture, science and exploration.
Is Petronas leaving F1?
According to Decalspotters, the Malaysian oil company’s title-sponsorship agreement with the Mercedes-AMG F1 Team will end at the end of the current 2021 season, and its place will be taken by Saudi Arabia’s oil giant Aramco.
Who are the biggest F1 sponsors?
#1 Red Bull F1–Oracle (2022 onwards)
The era of title sponsors and organizations shelling out huge sums of cash is a thing of the past. This is exactly why Red Bull’s 5-year-long $100 million-a-year deal with Oracle is a huge surprise.
How much is the cheapest F1 sponsorship?
Based on figures produced by RTR sports in 2020, the lowest figure any sponsor pays to sponsor an F1 team is around $100,00.
What watch does Max Verstappen wear?
TAG Heuer watches
Max Verstappen’s many TAG Heuer watches
Verstappen has worn both the Carrera and the Formula 1 on occasion, but tends to favour the square-faced Monaco—itself one of the most iconic timepieces in all of motorsport thanks to its links both with F1 and Le Mans star Steve McQueen. SHOP NOW at TAG Heuer.
Which watch sponsors Ferrari?
Richard Mille
Ferrari like McLaren has signed Richard Mille as an official partner for 2021. The exotic watchmaker will support the Italian brand across a variety of motorsport endeavors not restricted to Formula 1 and will most likely release a wallet-busting special edition Ferrari watch at some point over the course of the year.
What watch does Verstappen have?
TAG Heuer
2021’s Formula 1 World Drivers’ Championship titleholder Max Verstappen has a pretty fascinating history with TAG Heuer. Last year, TAG Heuer had presented the Dutchman with the Monaco Titan titanium chronograph ahead of the Monaco Grand Prix and he went on to clinch that race.
Which F1 driver is sponsored by Rolex?
The Swiss watchmaker’s presence at the forefront of motor racing is cemented by a close association with celebrated Formula 1® drivers Sir Jackie Stewart, Mark Webber and Nico Rosberg, who are part of Rolex’s family of Testimonees.
What do Rolex 24 winners get?
Cosmograph
Ever since Rolex became the official timepiece of Daytona, winners of the 24-hour race — now known as the Rolex 24 — have been awarded with a specially engraved Cosmograph.
Does TAG Heuer sponsor F1?
TAG Heuer is the official partner and timekeeper of the Oracle Red Bull Racing Formula 1 Team, accompanying the team since 2016 in all the race-winning moments up until Max Verstappen’s outstanding victory in the final race of the 2021 season to win the World Drivers’ Championship.
Do F1 drivers keep the watches?
Ricciardo’s actually owned this watch for a few years, having been spotted rocking it as early as 2017 (back when he was with Red Bull), so he was actually cheating on TAG Heuer by wearing a Patek back then… Of course, most (but not all) modern F1 drivers usually don’t wear their watches whilst they’re competing.
Does F1 pay Pirelli?
Do F1 teams pay for the tyres? No, the F1 teams do not pay for the total amount of the tyres. They are supplied under a central contract with the FIA, which assigns the tyres to the teams for each race, this is because the F1 tyres are one of the few components of the vehicle that the FIA directly controls.
Who sponsors Mercedes F1?
INEOS is proud to be principal partner to the Mercedes-AMG Petronas Formula One Team. INEOS is also a one third equal shareholder in the team alongside Daimler AG and Toto Wolff.
What does Tiger Woods pay Rolex?
Though terms were not disclosed, the trade publication Brandweek reported that Woods was signed for five years and would be paid up to $7 million in endorsement fees and royalties.
Does Rolex sponsor athletes?
Rolex’s relationship extends far beyond Federer. In addition to partnering with present-day stars such as Garbine Muguruza, Angelique Kerber, Alexander Zverev and Dominic Thiem, it boasts legends like Rod Laver and Chris Evert as watch ambassadors.