| Castellino
will be responsible for all commercial, administrative and sponsor-promotion activities
while each team will retain its sporting management organisation as currently
existing.The marketing divisions responsible for The UB Group's brand association
with such sporting activities shall remain unchanged. UB
Group chairman Dr Vijay Mallya says, "The UB Group has significant interests
in various sports and with the appointment of Fraser, we hope to significantly
enhance the value of the sporting activities in which we, currently, have interests.
The UB Group companies are committed to building superior brand value using sports
as an effective platform." |