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IN BRIEF: BP teams up with Audi in strategic partnership for Formula 1

15th Jul 2024 10:55

BP PLC - London-based oil major - Collaborates with Audi AG, a subsidiary of Volkswagen AG, to develop FIA-specified advanced sustainable fuel for Audi's entry into Formula 1 in 2026. FIA stands for Federation Internationale de l'Automobile. It represents the interests of motoring organisations and motor car users. "Under the new partnership, bp and its specialist lubricants business Castrol are proud to help deliver Audi’s ambition to combine technology and innovation to achieve success in Formula 1," BP says.

Current stock price: 449.55 pence per share, down 0.9% on Monday morning in London

12-month change: down 0.6%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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