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Williams signs Budweiser to Formula 1 deal

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indiantelevision.com’s Media, Advertising & Marketing Watch
 
Williams signs Budweiser to Formula 1 deal
 
The Indiantelevision.com Team

(18 July 2003 3:00 pm)

 
LONDON : Beer brand Budweiser and the BMW WilliamsF1 Team, a global leader in Formula One, have announced that the ‘King of Beers’ will serve as an ‘official sponsor’ of the BMW WilliamsF1 Team. The multi-year agreement is Budweiser’s first sponsorship in Formula One and builds upon the brand’s international sports marketing portfolio.
 
 

As part of the agreement, the Budweiser logo will be featured on race cars driven by two of the sport’s hottest drivers – Juan Pablo Montoya and Ralf Schumacher – as well as on driver and team uniforms. The brand also will have rights to use the drivers’ images, team logo and team cars in advertising and sales promotion initiatives.

The sponsorship announcement comes on the heels of two consecutive one-two finishes for Schumacher and Montoya at the European Grand Prix on 29 June and the French Grand Prix on 6 July. Budweiser will debut its sponsorship of the BMW WilliamsF1 Team at the British Grand Prix in the United Kingdom on 20 July. ESPN Star Sports will have live coverage of the same.

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Anheuser-Busch VP global media and sports marketing Tony Ponturo said: “Our sponsorship of the BMW WilliamsF1 Team enables Budweiser to reach a global audience of racing fans by leveraging the resources and marketing expertise of two industry leaders. For more than 25 years, WilliamsF1 has been synonymous with the best in Formula One racing, and we look forward to continuing the team’s winning tradition at this weekend’s British Grand Prix.”

Budweiser sponsors a variety of motorsports teams, and in the past 14 years, Bud Racing teams have produced 36 national and world championships. Budweiser was an associate sponsor during Montoya’s Indianapolis 500 victory in 2000, when he became the first rookie to win the event since 1966. In addition, the brand serves as ‘official beer’ sponsor of the National Association of Stock Car.

 

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Abhay Duggal joins JioStar as director of Hindi GEC ad sales

The streaming giant brings in a seasoned revenue hand as the battle for Hindi television advertising heats up

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MUMBAI: Abhay Duggal has a new desk, and JioStar has a new weapon. The media and entertainment veteran has joined JioStar as director of entertainment ad sales for Hindi general entertainment channels, adding 17 years of hard-won revenue experience to one of India’s most powerful broadcasting operations.

Duggal is no stranger to big portfolios or bruising markets. Before joining JioStar, he spent a brief stint at Republic World as deputy general manager and north regional head for ad sales. Before that, he put in three years at Enterr10 Television, where he ran the north region for Dangal TV and Dangal 2, two of India’s leading free-to-air Hindi channels. The north alone accounted for more than 50 per cent of total channel revenue on his watch, a number that tends to get attention in any sales meeting.

His longest stint was at Zee Entertainment Enterprises, where he spent over six years rising to associate director of sales. There he commanded the Hindi movies cluster across seven channels, owned more than half of north India’s revenue across flagship properties including Zee TV and &TV, and closed marquee sponsorships across the Indian Premier League, Zee Rishtey Awards and Dance India Dance. He also handled monetisation for the English movies and entertainment cluster and the global news channel WION, a portfolio that would stretch most sales teams twice his size.

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Earlier in his career Duggal closed what was then a Rs 3 crore single deal at Reliance Broadcast Network, one of the largest in Indian radio at the time, before that he helped launch and monetise JAINHITS, India’s first HITS-based cable and satellite platform.

His edge, by his own account, lies in marrying data and instinct: translating audience trends, inventory signals and client demands into long-term partnerships built on cost-per-rating-point discipline rather than short-term deal chasing. In a media landscape being reshaped by streaming, fragmented attention and AI-driven advertising, that kind of rigour is increasingly rare and increasingly valuable.

JioStar, which blends the scale of Reliance’s Jio platform with the content firepower of Star, is doubling down on its advertising business at precisely the moment the Hindi GEC market is getting more competitive. Bringing in someone who has spent nearly two decades doing exactly this, across some of India’s most watched channels, is a pointed statement of intent. Duggal has spent his career turning audiences into revenue. JioStar is clearly betting he can do it again, and bigger.

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