close global

Welcome to GPFans

CHOOSE YOUR COUNTRY

  • NL
  • GB
  • IT
  • ES-MX
  • US
  • GB

Are you a F1 Fan? Follow GP Fans

Edition

NL GB IT ES-MX US

Racing Point sponsor SportPesa denies business shutting down

Photo: © LAT Images

Racing Point sponsor SportPesa denies business shutting down

More doubts over an F1 sponsor...

Racing Point's title sponsor SportPesa has refuted any suggestion that it will be forced to close down over the Kenyan government's moves to regulate gambling.

Gambling in Kenya has grown into a $2billion industry, allowing companies such as SportPesa to grow rapidly.

SportPesa has also moved into sponsorship in other sports, notably football with several English clubs in partnership.

However, their business has been put into recent doubt as the Kenyan government has introduced controls on advertising and the ability for bets to be placed on mobile networks.

SportPesa insists it will not force a closure, despite business having halted according to local reports.

SportPesa's issues come hot on the heels of another controversy surrounding a new title sponsor in F1, Rich Energy.

The energy drinks company has been reformed as Lightning Volt this week after a bitter public battle which saw CEO William Storey ousted after trying to terminate the Haas sponsorship over perceived poor performance.

Related

More F1 news

Latest F1 news

FIA president reveals plan to add extra F1 race this year

FIA president reveals plan to add extra F1 race this year

  • 50 minutes ago
F1 News Today: Lewis Hamilton scares rival as Toto Wolff fears Kimi Antonelli problem

F1 News Today: Lewis Hamilton scares rival as Toto Wolff fears Kimi Antonelli problem

  • 1 hour ago
'Beautiful couple' Lewis Hamilton and Kim Kardashian in limelight over Broadway phenomenon

'Beautiful couple' Lewis Hamilton and Kim Kardashian in limelight over Broadway phenomenon

  • 1 hour ago
Red Bull reveal clear-the-air talks with McLaren

Red Bull reveal clear-the-air talks with McLaren

  • 2 hours ago
Kimi Antonelli could leave Mercedes in 'two years' over Ferrari interest

Kimi Antonelli could leave Mercedes in 'two years' over Ferrari interest

  • 3 hours ago
F1 chief's off-air comment points to seismic change

F1 chief's off-air comment points to seismic change

  • Today 09:57

Just in

13:45
FIA president reveals plan to add extra F1 race this year
13:14
F1 News Today: Lewis Hamilton scares rival as Toto Wolff fears Kimi Antonelli problem
12:55
'Beautiful couple' Lewis Hamilton and Kim Kardashian in limelight over Broadway phenomenon
11:57
Red Bull reveal clear-the-air talks with McLaren
10:57
Kimi Antonelli could leave Mercedes in 'two years' over Ferrari interest
F1 news

Recommended by the editors

FIA president reveals plan to add extra F1 race this year

FIA president reveals plan to add extra F1 race this year

50 minutes ago
'Beautiful couple' Lewis Hamilton and Kim Kardashian in limelight over Broadway phenomenon Hamilton x Kardashian

'Beautiful couple' Lewis Hamilton and Kim Kardashian in limelight over Broadway phenomenon

1 hour ago
Red Bull reveal clear-the-air talks with McLaren Latest F1 News

Red Bull reveal clear-the-air talks with McLaren

2 hours ago
Kimi Antonelli could leave Mercedes in 'two years' over Ferrari interest F1 News & Gossip

Kimi Antonelli could leave Mercedes in 'two years' over Ferrari interest

3 hours ago
Ontdek het op Google Play
x