MX23RW : Thursday, April 18 12:21:24| >> :600:104749:104749:

Felipe Nasr loses Banco do Brasil backing

Felipe Nasr's chances of staying in F1 next year nose-dive as sponsor Banco do Brasil announces its withdrawal from the sport.

Felipe Nasr's chances of staying in Formula 1 next year have nose-dived.

Amid the economic situation in Brazil, the Sauber driver's sponsor, Banco do Brasil, has announced its withdrawal from the sport.

"Banco do Brasil recognises Felipe Nasr's talent and is proud to be the sponsor responsible for his entry into formula one," it announced.

"But due to budget constraints and marketing strategies, it was necessary to review the investment in the category at this time."

In Abu Dhabi, Nasr denied that his sponsorship issues are related to his struggle to hang on to his Sauber seat.

"I do not think about this option," he said when asked about the possibility of exiting F1 after two seasons.

When asked if his manager Steve Robertson is in talks with Manor about the only other vacant cockpits for 2017, he told Globo Esporte: "I don't know.

"He'll be here this weekend so you can ask him."

Nasr has picked up two points during the 2015 championship.

ID:285994: cacheID:285994:1false2false3false:QQ:: from db desktop :LenBod:restore:1789:
Restore Data
Share this article now:
Sauber's Brazilian driver Felipe Nasr attends a press conference ahead of the Formula One Russian Grand Prix at the Sochi Autodrom circuit on April 28, 2016
Read Next:
Felipe Nasr boosts 2017 chances
>
rhs 2.0


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!