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BNP Paribas and ITF have agreed in principle to extend their partnership through 2011.The agreement includes Davis Cup, Fed Cup and Junior Davis Cup and Fed Cup
BNP Paribas takes over as title sponsor of Fed Cup by BNP Paribas, the largest annual international team competition in women's sport, and this agreement will commence with the 2005 Final between France and Russia being played this weekend at Roland Garros in Paris.
BNP Paribas has also agreed with The International Tennis Federation to continue their partnership as title sponsor of Davis Cup by BNP Paribas through 2011 and to add title sponsorship of Fed Cup by BNP Paribas from the 2005 Final through 2011. The agreement with BNP Paribas also includes title sponsorship of the two affiliated junior events, Junior Davis Cup and Fed Cup by BNP Paribas.
BNP Paribas took over as title sponsor of Davis Cup by BNP Paribas in 2002, after one year as an international sponsor in 2001. The current contract, due to expire at the end of 2006, would be extended through 2011.
“BNP Paribas is a great partner for tennis and for the ITF,” said ITF President Francesco Ricci Bitti. “Our relationship with them today is even stronger than when we first began to work together in 2001 and we recognise the great contribution that they have made and will make to Davis Cup and, now Fed Cup, as title sponsor. Throughout the negotiations, it was clear that, as organisations, the ITF and BNP Paribas work together well, sharing similar values and ideals. We thank them for their investment in tennis and for their friendship now and in the future.”
“The partnership that we maintain with the ITF complements our more than thirty year commitment to tennis in all of its forms: from international to grassroots that includes family, educational and social activities,” said Baudouin Prot, Chief Executive Officer, BNP Paribas. “Our presence in Davis Cup since 2001 has contributed to the strong leap of our brand world-wide and, at the same time, has allowed this prestigious competition to accelerate its development also. Today we wish to continue this mutually beneficial collaboration and to expand it, becoming worldwide title sponsor of Fed Cup. This sponsorship allows us to strengthen our image with women and with their values for the future. Fed Cup will receive our assistance over the six next years and this should ensure that it will continue its development on a worldwide scale. “
Davis Cup by BNP Paribas is the largest annual international team competition in sport with 134 nations entered in 2005. The title sponsor is BNP Paribas, the Official Bank of Davis Cup. International sponsors are Adecco (Official Recruitment), Fossil (Official Watch), Getronics (Official ICT Sponsor), Hugo Boss (Official Men's Fashion Clothing Sponsor), Kia Motors (Official Car) and NH Hoteles (Official Hotel). International partners are NTT Communications (Official Managed Hosting Partner) and Wilson Sporting Goods (Official Ball). The 2005 Semifinals will be played next week with Slovak Republic hosting Argentina and Croatia hosting Russia with eight other World Group Play-off Ties being held on the same weekend. Follow all the action on www.daviscup.com.
Fed Cup by BNP Paribas is the largest international team competition in women's sport, offering hundreds of women tennis players throughout the world the opportunity each year to compete for their country. Founded in 1963 to celebrate the 50th anniversary of the founding of the ITF, Fed Cup had entries from 88 nations in 2005 and the Final between France and Russia will be staged this week on the Philippe Chatrier Court at Roland Garros. Follow all of the action on www.fedcup.com.
Junior Davis Cup and Fed Cup by BNP Paribas is the annual, international team competition for boys and girls 16 and under. Prior to 2002, this tournament was known as the World Youth Cup. This year, it will be played from 27 September – 2 October in Barcelona, Spain. Follow all of the action on www.itfjuniors.com.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, with a significant and growing presence in the United States and leading positions in Asia. BNP Paribas is the first bank in the Euro zone in terms of net income (2004). The group has one of the largest international banking networks, present in over than 85 countries with close to 100 000 employees, including 67,000 in Europe. BNP Paribas enjoys key positions in its three core businesses: Corporate and Investment Banking, Asset management & Services and Retail Banking.