Mercedes AMG Petronas and MIG Bank said Friday they have agreed to extend their team partnership agreement for a further two years.
For the 2012 season, MIG BANK branding will feature on the F1 W03 race car, the race suits of Michael Schumacher and Nico Rosberg, and on the pit crew overalls and team clothing.
Founded in 2003 and based in Neuchâtel, Switzerland, MIG Bank is a leading Swiss online trading bank specialising in Foreign Exchange, Bullion and CFDs.
According to Ross Brawn, Team Principal of Mercedes AMG Petronas, “As we continue our preparations for the start of the new Formula One season, we are delighted to announce the extension of our partnership with MIG Bank. After three successful years working together, MIG Bank has been able to utilise the global platform provided by the team and Formula One to raise its profile and strengthen its brand. We look forward to continuing our excellent working relationship together over the coming seasons.”
Hisham Mansour, CEO and founder of MIG Bank said, “We are extremely pleased to renew our partnership with the Mercedes AMG Petronas team and to continue the excellent relationship which started back in 2009. Driven by our common passion for performance and technology, this partnership reflects our forward-looking spirit and illustrates our solidity, continuous growth and dynamism. The Mercedes-Benz brand symbolises quality and innovation, which are values that we share and seek to exemplify globally.”