Revenue from F1 puts Hilton out in front

Hotel giant Hilton has reason to celebrate at today's Formula One Grand Prix in Valencia. The McLaren team it sponsors is leading the drivers' championship with Lewis Hamilton, and on the back of the partnership, Hilton expects to double its hotel revenue to $5m (£2.7m) this year. Hilton is the only hotel company sponsoring F1. Its director of sports sponsorship, Robin Fenwick, says that when the deal began in... [read full story]                    

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