LONDON, Feb 17 — The Racing Point Formula One team and Premier League football club Everton announced the end of their sponsorship agreements with online betting firm SportPesa today. Racing Point unveiled their 2020 car in Austria with water technology company BWT as new title sponsor and...
Everton’s Kurt Zouma reacts during the Premier League match against Watford at Vicarage Road in Watford February 9, 2019. — Reuters pic
Racing Point unveiled their 2020 car in Austria with water technology company BWT as new title sponsor and SportPesa no longer listed among the partners. SportPesa had strong roots in Kenya but last September halted operations there due to a hike in taxes on betting stakes. The company has also cancelled its sports sponsorships in Kenya.earlier today that they were terminating a shirt sponsorship deal at the end of the current season.
“This has been a difficult decision but one that allows us to best deliver on our commercial plan and to grasp the new opportunities now open to us,” a club spokesperson said.
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