Allianz continues WilliamsF1 sponsorship


By Allianz
February 3 2006

 
Allianz continues WilliamsF1 sponsorship
 

Allianz continues its Formula One involvement in the new season, sponsoring the WilliamsF1 race team, whose sleek new FW28 was recently unveiled. The FW28 is powered with a Cosworth engine and features the Allianz Logo on its rear wing.

Allianz LogoAllianz continues its Formula One involvement in the new season, sponsoring the WilliamsF1 race team

Commenting on the launch of the new FW28 race car, Steven Althaus, responsible for Global Marketing Communication at Allianz, said that, "The 2006 season is a whole new ball game and things are looking positive. The new WilliamsF1 team is determined to be at the top once again and testing is showing significant improvements on last season, so we believe that Williams will start the season from a robust and competitive position."

Last season Williams was still using 10-cylinder BMW engines. After buying a stake in the Sauber Formula 1 team, however, BMW has gone its own way, and Williams has joined with British engine supplier Cosworth to build a new team. The new regulations stipulate that all Formula One race cars must use 8-cylinder engines in the 2006 season, making Cosworth the perfect partner for Williams: the company has many years of experience in building 8-cylinder race-car engines and has supplied a powerful engine for the new Williams FW28.

Australian Mark Webber (29), who raced for the BMW WilliamsF1 team last season, is joined in the 2006 season by two new drivers. Former test driver Nico Rosberg (20), the Wiesbaden-born son of former Formula 1 World Champion Keke Rosberg, will join him as team mate, and Alexander Wurz (32) will join the team as test and reserve driver. The Austrian was test driver for McLaren MercedesF1 last season. The newest addition to the team is Indian test driver Narian Karthikeyan.

The new FW28 race car will sport the Allianz Logo on its rear wing. In addition, at eight out of the19 races, the circuit will be adorned with advertising transparencies and banners displaying the Allianz logo.

"Our market research shows that in the Eastern European markets and the Chinese and Indian growth markets in particular, it is our continued Formula One sponsorship which has rapidly made Allianz a familiar brand, with brand recognition rising from year to year," says Althaus. "The combination of a race team and advertising on the circuit is definitive for this marketing strategy," he continues. The result of this strategy is that, "Globally, there is a higher preference for Allianz products, because customers associate the company with Formula One."