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Why did Toyota abandon the financial support of the Olympics?

The Japanese automobile company Toyota has officially announced that it has decided to stop sponsoring the sporting event due to political approaches to the Olympics.

reported by Mehr Reporter quoted by Rashatodi, the Japanese Toyota automobile company announced that it has abandoned financial support for the Olympics.

Akio Toyota, the CEO of this Japanese car manufacturer, announced this week on one of the company’s social networks. Khabar said: The recent summer Olympics showed that this sports event has become increasingly politicized.

In 2015, Toyota signed a 10-year contract for financial support of the Olympics, and the value of this contract was announced at 835 million dollars, which is the largest financial support contract for the Olympics in the history of these games. It was considered that time.

Toyota has announced that sports and athletes are no longer the first priority in these competitions.

Toyota said in this about: I have been thinking for some time whether athletes are really the first priority in the Olympics. are These competitions have become increasingly e politicized.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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