Selection as an Official Team Sponsor of the World’s Most Prestigious Motorcycle Road Racing Championship
- Contributing to the growth of motor sports -
Furukawa Electric Co., Ltd. has been selected as the 2017 official sponsor of the Movistar Yamaha MotoGP Team, currently participating in the FIM Grand Prix World Championship (hereafter “MotoGP”).
We will provide our support to the team throughout the year, and so we ask for your kind encouragement.
The MotoGP is the global pinnacle of motorcycle road racing, in which grand prix races are held sequentially in countries around the world including Japan and an annual champion is determined by a point system. Its highest-level MotoGP class is an exciting and popular race where motorcycles equipped with 4-stroke 1000-cc engines can reach top speeds of 350 km/h.
On this occasion, Furukawa Electric has been designated the 2017 official sponsor of the Movistar Yamaha MotoGP team, currently participating in the MotoGP.
President Keiichi Kobayashi gave the following comments on our selection as sponsor: “I am filled with pride that we have been named the official sponsor of the Movistar Yamaha MotoGP Team. With our technology for leading-edge electronic components which we have cultivated throughout the years, we will continue to contribute to the growth of this world-leading motorcycle sport.”
About Furukawa Electric Group
Furukawa Electric (TSE; 5801, ISIN; JP3827200001) Group started business in 1884, when its copper-smelting facility and wire manufacturing factory was established. Since then Furukawa Electric has become pioneers in the latest technologies by addressing diverse technological issues. Furukawa Electric has released products in a number of areas, including telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have attained the top global market share, and all of its products have contributed to society in numerous business areas. Furukawa Electric reported consolidated revenues of JPY 843.3 billion (approximately USD 7.8B) for the fiscal year ended March 31, 2017.