Despite the beginning of a financial and economic crisis, Formula 1 continues to be attractive and sponsorships continue to be signed. After Haas and its new title sponsor, Banco XP is getting involved in F1 with Aston Martin.
Banco XP is a Brazilian investment bank and logically wanted to communicate a few days before the Brazilian Grand Prix.
Aston Martin will have the XP logo prominently displayed on its rear wing.
The contract signed for several years will allow the team to utilize XP’s resources as a partner for all its financial needs.
José Berenguer, CEO of Banco XP, is obviously happy to be a partner of Aston Martin, which they consider as one of the teams with the greatest ambitions to become a leader in Formula 1.
Banco XP will also come into action as part of Aston Martin’s young driver program by helping to finance the campaigns of young drivers.
