BMW ends America's Cup partnership with Oracle
Thu, 23 Dec 2010BMW is ending its America's Cup team sponsorship.
The reason: BMW is cutting ties with its longtime technology partner, Oracle. The decision is said to be mutual.
The BMW-Oracle team won the America's Cup in February with a convincing 2-0 victory.
“In winning the 33rd America's Cup, we achieved all of our ambitious goals,” said Ralf Hussmann, general manager BMW sports marketing. “We will continue to be involved in the sport on a national level.”
By Byron Trimble