There are leaks. The big deal was broken

Unofficial information says that Mercedes has canceled the sponsorship agreement with Kingspan. This may end the scandal that has stirred controversy in the UK. The company produced foam panels that contributed to a fire in a London skyscraper.

Wikimedia Commons / Natalie Oxford / Pictured: The Grenfell Tower fire in London

Last week, Mercedes offered a sponsorship deal with Kingspan, and thus caused a huge storm in the UK. The company produced the foam panels that were used to build the Grenfell Tower skyscraper in London. The building burned down in 2017, 72 people were killed in a fire, and 74 others were injured – including a Polish family.

Tests showed that Kingspan panels did not meet the requirements for fire safety and allowed the fire to spread faster through the facade. That’s why the families of the victims and representatives of those injured in the skyscraper fire have been pleading with Mercedes bosses for several days to withdraw from the bail agreement.

Toto Wolff confirmed that the team was aware of the allegations against Kingspan, but also indicated the company’s official position. Unbeknownst to her, foam panels were to be used in the construction of Grenfell Tower and accounted for only 5 percent. Construction. In addition, no formal charges have been brought against the company and an investigation is underway.

The Daily Mail claims that the environmental pressure has paid off, because Mercedes was supposed to break the sponsorship deal with Kingspan, and thus forfeit $5-6 million a year, because that’s how much the contract was supposed to be. We’re not supposed to see this company’s logos on the cars of Lewis Hamilton and Valtteri Bottas during the upcoming Abu Dhabi World Grand Prix.

According to the findings of the Daily Mail, Mercedes and Kingspan have come to the conclusion that it is better to terminate the sponsorship agreement, as it causes more controversy than beneficial to both parties.

The words of Lewis Hamilton, who has distanced himself from the contract with Kingspan and confirmed he is not responsible for Mercedes sponsors, may have influenced the decision of both parties. And the 36-year-old did not rule out that the controversial company’s logo would not appear on his car in the future.

The British government has also been unfavorable over Mercedes’ sponsorship deal with Kingspan. Minister Michael Gove suggested that the authorities would consider introducing regulations that would prohibit the promotion of companies that are being seriously charged and that are under formal investigations.

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