Mobil Extends Technology Partnership with McLaren Mercedes Formula 1 Team

ExxonMobil has announced a long-term extension of its Technology Partnership with Team McLaren Mercedes to supply the Formula 1 racing team with Mobil 1-branded motor oils and high-performance fuels.

The Mobil 1, McLaren and Mercedes-Benz Technology Partnership began in 1995, producing continuous advances in the technologies used by Team McLaren Mercedes in Formula 1 racing, as the sport concurrently provides the ultimate testing environments for fuels and lubricants and in everyday motoring.

"We're very pleased to continue our sponsorship and Technology Partnership with Team McLaren Mercedes," said Jerry Kohlenberger, President, ExxonMobil Lubricants & Petroleum Specialties Company. "It's a great fit for our Mobil 1 brand to be aligned with McLaren and Mercedes in a legacy of excellence, as well as providing a good global venue for our brand presence. For ExxonMobil, another key benefit -- apart from winning Formula 1 races with a truly outstanding motorsports team -- is to use our on-track research and testing to develop and deliver new products that benefit everyday drivers under the most demanding driving conditions."

"Our Technology Partnership with ExxonMobil is an integral element to the functioning of the Team McLaren Mercedes Formula 1 team, and it is immensely satisfying that we are today announcing a multi-year extension to what has been a productive 12 years," said Ron Dennis, Chairman and CEO of the McLaren Group. "Mobil 1 provides genuine performance enhancements to our car, which can be measured in real time analysis. The 2006 season has seen an increased dependence on the technological capabilities within ExxonMobil, with the change from V10 to V8 Mercedes-Benz engines providing additional challenges, which have been met and we are looking forward to continuing our relationship in the long term."

"The partnership between ExxonMobil, McLaren and Mercedes-Benz is a long-lasting, successful and very productive one," said Norbert Haug, Vice-President, Mercedes-Benz Motorsport. "Since Team McLaren Mercedes and Mobil became partners the collaboration has always been exemplary. ExxonMobil fuels and lubricants have contributed to the performance of our Formula 1 engines and gearboxes, and we can't imagine a better technology partner. Our successful relationship in motorsport has led to a co-operation in Mercedes-Benz road cars as well. Mobil 1 lubricants are first fill and first choice for all Mercedes-Benz AMG cars and the Mercedes-Benz SLR McLaren. We are now looking forward to the long term continuation of our excellent partnership."

In the 12 years of the Mobil 1, McLaren and Mercedes-Benz Technology Partnership the team has competed in 192 Grands Prix, winning 44. The two Drivers' and one Constructors' Formula 1 World Championships have been supported by 43 pole positions, 136 podiums, 227 points finishes and 58 fastest laps.

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