BP and Castrol, the oil company’s global lubricant brand, will supply fuels and lubricants for the upcoming Formula 1 season, which starts in Melbourne, Australia, in March.
As part of the Renault Sport Formula One Team, BP and Castrol will be the official fuel and lubricants provider through the BP Ultimate and Castrol EDGE brands. The last time the two companies worked together was during the 1997 season when Williams Renault won both the Formula 1 Constructors Championship and the Drivers Championship.
“The vision that Renault has to be the best team in Formula 1 is something we at Castrol, and across BP, are proud to be a part of,” BP Lubricants COO Mandhir Singh said. “Joining the team at this point means we can work together on innovative solutions and be part of creating new success stories.”
BP Downstream Chief Executive Tufan Erginbilgic says that developing leading fuel and lubricant technologies is a key priority for BP.
“This partnership creates exciting opportunities for the teams in Renault and BP to work together to further our cutting-edge fuel and lubricant technologies in the highly competitive world of Formula 1,” he said.
