London, July 6, 2011 -- Following the recent announcement that GE is to become a Premium Partner of Team Lotus through to 2014, GE branding will appear on the Team Lotus Formula 1 cars for the first time at the 2011 Formula 1 Santander British Grand Prix from 8th-10th July 2011 at Silverstone.
As a sponsor of Team Lotus, GE is looking to apply its technological expertise to accelerate the team's progress on and off the track. The partnership will allow both GE and Team Lotus to explore initiatives around automotive electrification technologies, materials sciences, design processes and core engineering competencies.
Chris Katsuleres, Director of Sports Programs, at GE commented: "Formula One has strong global appeal which fits well with GE's global footprint and will provide us with an unrivalled platform to showcase our advanced technologies. Team Lotus has a reputation for innovation and a devoted fan-base, so we are delighted to be partnering with them to help improve their performance on track and help create a successful team. It is fitting that we should be kicking off our sponsorship at Silverstone -- one of the most famous names on the Formula One Grand Prix calendar."
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About GE in the UK
GE has been operating in the UK since the 1930s. Today our 18,000 employees serve the energy, oil & gas, healthcare, aerospace, financial and media industries. We have a strong and continuing commitment to the UK economy, having invested £13bn in our British businesses since 2001. Our 2009 UK revenues were £4bn. From our 60 major locations, including 25 world-class manufacturing and R&D facilities, we deliver high-tech innovative solutions to the global marketplace. Our locations include London, Aberdeen, Amersham, Cardiff, Cheltenham, Leicester, Nailsea and Southampton.
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Mark Maguire
GE
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+44 20 7302 6068
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