The FIA F3000 scene will be without the distinctive Petrobras livery from next year, following decisions in the company's native Brazil to pull the plug on some motorsport sponsorship.
Petrobras has been linked to the Norfolk-based David Sears-run operation since 1999, primarily promoting Brazilian talent one step closer to Formula One. Antonio Pizzonia and Ricardo Sperafico formed the team's 2001-02 line-up, but it has also run the likes of CART race-winner Bruno Junqueira - who won the FIA title in 2000 - in recent years.
Whilst the company's deals with WilliamsF1 and Jordan are understood to be safe, funding for the David Sears-run Petrobras Junior team is thought to be under fire following the introduction of new tax laws relating to overseas sponsorship. Petrobras has cited economic reasons exacerbated by the newly introduced taxation programme which, it believes, will have an adverse effect on its funding schemes.
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