Telmex set to withdraw Red Bull sponsorship, will stick with Perez ...Middle East

Long-standing Red Bull sponsor and telecommunications giant Telmax, the primary backer of Sergio Pérez, is considering ending its association in F1 with the Milton Keynes-based outfit. The development follows reports of a forthcoming significant investment by AT&T, a global telecommunications giant, into Red Bull Racing, which would create a direct conflict with Telmex due to both companies operating in the same industry. Escuderia Telmex chairman Carlos Slim Domit, the 57-year-old son of Mexican billionaire Carlos Slim Helu, alluded last weekend at the Mexico City Grand Prix to the strong possibility of terminating its deal with Red Bull. However, the company’s potential withdrawal would no

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