Drivers like Qin Miao, whom the teams are eager to sponsor, are few and far between. Prema, as a well-funded big team, is naturally willing to invest in Qin Miao to win the F2 drivers' championship.
The car loan is essentially an interest-free loan granted by a company to a promising driver. The amount borrowed is the same as the amount repaid.
However, until the loan is fully repaid, the driver's helmet or car must display the loan provider's logo. Some contracts even stipulate that drivers must continue advertising for the sponsor on their cars and gear for a year after repayment.
However, such contracts are a win-win deal for both the drivers and the loan companies.
After chatting with Qin Miao, Qimeng chose not to opt for the driver loan but instead picked a few sponsors with minimal requirements and less money, simply for convenience.
