Stewart working for free in 2009
7 March 2009 – Sir Jackie Stewart is to work in F1 for no charge in 2009, following the large losses announced by sponsor Royal Bank of Scotland. Scot Stewart has been working with RBS since 2004, which has announced losses of £24bn for 2008.
The bank has also withdrawn from its long-time sponsorship of the Williams team this year as well as with tennis star Andy Murray. McLaughlin added: "Having Jackie's energy and talent focussed on our customers, charity partners and communities in the coming period will be our shared priority."
The company will receive a free year of services from Stewart in 2009, whose current contract will not expire until 2011.