Toyota ends top sponsorship of Olympics/Paralympics post-Paris Games, maintains athlete support.

Toyota will end its sponsorship as a top supporter of the Olympics and Paralympics after the Paris Games, as stated by Chairman Akio Toyoda. Despite this decision, Toyota will continue to financially back athletes. This announcement follows Panasonic's recent termination of its 37-year sponsorship, which began in 1987. Olympic sponsorship revenues were significant, totaling $2.295 billion from 2017 to 2021, making it a crucial income source for the Olympic movement.

September 26, 2024
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