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News Mercedes-AMG Petronas F1 team terminates Kingspan sponsorship contract

Mercedes-AMG Petronas F1 team terminates Kingspan sponsorship contract

Written by Global Insulation staff
09 December 2021
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UK: The Mercedes-AMG Petronas F1 motorsport team has terminated its sponsorship contract with Ireland-based Kingspan in response to public pressure. The team’s cars first displayed Kingspan sponsorship at the Saudi Arabian Grand Prix on 3 - 5 December 2021. Grenfell Tower Fire survivors and bereaved families group Grenfell United protested against the display.

Kingspan withdrew fire test reports on its Kooltherm K15 phenolic insulation in November 2020 after admitting at the Grenfell inquiry that they may not reflect the actual product. Refurbishers used Kooltherm K15 in Grenfell’s exterior insulation system prior to the deadly fire at the tower in June 2017.

Mercedes-AMG Petronas said "Both parties have subsequently concluded that it is not appropriate for the partnership to move forward at the current point in time. We have therefore agreed that it will be discontinued with immediate effect."

Published in Global Insulation News
Tagged under
  • Ireland
  • UK
  • sport
  • sponsorship
  • Kingspan
  • contract
  • termination
  • marketing
  • Grenfell United
  • charity

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