Opel Pulls Plug on Sponsorship Deal With Steffi Graf

NPR Morning Edition | October 17, 1995 | Copyright

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Citing Steffi Graf's recent tax woes, the German carmaker Opel AG has announced it will not renew its sponsorship deal with the tennis star. Graf reportedly earned $1.2 million from the deal last year.

BOB EDWARDS, Host: Tennis star Steffi Graf has lost a $1 million- a-year sponsorship contract because of unresolved tax problems with the German government. An investigation into possible tax evasion began last summer, and has resulted in the arrest of her father and her accountant on charges of tax evasion. Graf herself has not been charged. From Bonn, Lynne ...

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