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Venezuelan government will support Maldonado in F1

Venezuelan government will support Maldonado in F1

CARACAS, ( .- The Venezuelan sponsors of the pilot Pastor Maldonado, including the powerful state oil company PDVSA, will maintain their support for the rider in the Formula 1 World Championship in 2011, according to sources from the government of Hugo Chávez.

Maldonado, 25, will make his debut in the top category of motorsport next season with the Williams team and will be the first Venezuelan in that category in almost 30 years.

The runner is an enthusiastic supporter of President Chávez and has on several occasions expressed his support for the project of the so-called “21st century socialism” and its slogans present in all Venezuelan public entities.

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The government congratulated through a statement the agreement between the Williams team with the pilot and assured that the public sponsors will maintain the economic support they gave Maldonado this year in the GP2 category, the prelude to Formula 1, in which he was titled champion. .

In addition to the state oil company, among the sponsors are the telephone company CANTV, the Foreign Trade Bank (Bancoex), the Bank of Economic and Social Development of Venezuela (Bandes), the National Institute for Sports (IND) and the Ministry of Sightseeing.

Those institutions will continue to support Maldonado, “just like during the recently concluded GP2 season,” the statement said.

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The amount of the sponsorship is still a secret, although specialists speak of “several hundred thousand” of dollars for each season, since the pilot has had the determined support of the Bolivarian government.

«My thanks go to Mr. President Hugo Chávez Frías, and to his executive train; to the ministers Rafael Ramírez (Energy and Petroleum), Héctor Rodríguez (Sports) and Alejandro Fleming (Tourism), among many other authorities, who believed in my career from the beginning ”, declared the pilot.

Maldonado said he felt “extremely privileged to be selected” by Williams, indicating that it is a magical close to an “incredible” year.

“I feel rewarded by having the opportunity to show my talent in Formula 1,” he closed.

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