The new team will don a new livery as part of the alliance effective this season and the partnership will give a boost to further increase the popularity of racing in India, it said.
Director & CEO of TVS Motor Company K N Radhakrishnan said: “We are delighted to have Petronas as our partner for TVS Racing. Petronas comes with many progressive technological solutions, backed by significant wins in prominent racing events. I am confident that Petronas’ global expertise and solid presence in motorsports combined with TVS Racing’s four decades of strong racing heritage will take us to greater heights.”
Executive vice-president and chief executive of Downstream PETRONAS Datuk Sazali Hamzah said the company continues to make headway across the value chain in India and the deal with TVS “seals a stronger partnership with one of India’s most respected OEM (original equipment maker).”
Senior General Manager-Group Strategic Communications of PETRONAS Datin Anita Azrina Abdul Aziz said the project gives another platform to test the capabilities and create awareness about the Petronas brand and philosophy to motorsport fans in India, a strategic market for the company.
According to Vice President, New Product Development, TVS Motor Company Megashyam L Dighole, “TVS Racing has been a prominent force in Indian motorsports for over four decades. We are immensely committed to motor racing in the country and have been continuously working towards growing the interest and enthusiasm for the sport here. Our partnership with Petronas is a testimony of this.”
The two companies would develop a co-branded oil – Petronas TVS Tru4 RacePro -which will be available for consumers in the high-street market across India from May 2022.
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