Heineken is set to enter Formula 1 as a major series sponsor in a five-year deal believed to be worth $150m. The brewery giant will have a significant trackside presence from this year's Canadian Grand Prix and will not be replacing any existing trackside sponsors such as Rolex or Pirelli....

Apex-Brasil, the Brazilian Trade and Investment Promotion Agency Agency, has ended its partnership with IndyCar that had run since 2008, according to The Indianapolis Star. The deal, which was renewed in 2012, was worth several million dollars annually to the series according to The Star. In addition to its involvement...