Panasonic to continue as title sponsor for the Toyota Formula 1 team
Panasonic Corporation and Toyota Motor Corporation announced today the conclusion of a contract that will see Panasonic continue as the title sponsor for the Toyota Formula 1 team, Panasonic Toyota Racing.
Panasonic is investing $30 million in Tesla Motors, the US maker of electric sports cars, eyeing expansion in the global market for green vehicles, the companies said Thursday.