Home > Sports > Formula One > Reuters > Report

Gates to become Toyota sponsor

June 20, 2004 18:54 IST

Microsoft Corp chairman Bill Gates wants to become Toyota's chief Formula One sponsor with an investment of $40 million a year in the Cologne-based team, the Bild am Sonntag reported on Sunday.

The newspaper said Toyota was also trying to land Sony as a major sponsor for the team that has an annual budget of $400 million.

It also said Toyota would announce at the British Grand Prix in Silverstone next month that Williams driver Ralf Schumacher will switch to Toyota next season with a five-year $100 million deal.
Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article



Related Stories


No stopping the F1 rumour mill

Schumacher aims for seven

Schumacher wins Canadian GP










Formula One: The Complete Coverage

© Copyright 2004 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.











Copyright © 2004 rediff.com India Limited. All Rights Reserved.