• Text size      
  • Send this article to a friend
  • Print this article

Stewart ends 45-year relationship with IMG

SIR Jackie Stewart has ended one of the longest personal business relationships in Formula One by moving to a different firm after 45 years being represented by one company.

The 74-year-old Scot, who was world champion three times, has switched from IMG to Just Marketing International.

"I've been with IMG since 1968," he said. "Mark (McCormack) signed me up and they've done very well for me over the years but they are not in Formula One and haven't been in Formula One now for a good long time."

American lawyer McCormack, who died in 2003, founded the International Management Group (IMG) in 1960. Golfer Arnold Palmer was his first client.

Unlisted JMI, founded by American former professional driver Zak Brown, was acquired by British sports marketing group Chime Communications PLC in October for $71 million (£43m).

They arrange sponsorship, hospitality and rights deals in F1, NASCAR and IndyCar.

Contextual targeting label: 

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.