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Mercedes-Benz dropping ATP sponsorship, cites change in focus

Updated: September 28, 2007, 9:15 AM ET
Associated Press

STUTTGART, Germany -- Mercedes-Benz will end its sponsorship of the men's ATP tennis tour when the current three-year contract expires at the end of 2008.

The company has been one of the main sponsors of the ATP since 1996. The German carmaker said Friday it would shift focus to golf, equestrian and soccer, as well as fashion and lifestyle.

"Over the years, our partnership with the ATP has had a very high brand fit for Mercedes-Benz, but we are now adding a new angle to ...

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