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Why is Intel in Formula 1?

1 January 2006 Filed under: Motorsports View: 11 Digg Yahoo! Buzz StumbleUpon Technorati del.icio.us Mixx Facebook TwitThis Reddit YahooMyWeb Google feedburner
Why is Intel in Formula 1?CNET reported last week that the world's biggest semiconductor company is about to announce a major rebranding program next week at the Consumer Electronics Show. The tagline "Intel Inside" will be replaced with "Leap Ahead," and the company will get a brand-new logo (pictured).

Intel wants to change the public's perception of the company as it moves from being a chip supplier to new technologies, products and services. As a technology-oriented sports series with a huge, upmarket global audience, Formula 1 is an ideal vehicle to carry Intel's new identity to the worldwide market. Intel recently announced a major sponsorship deal with Williams F1.

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