Porsche sponsors three sports clubs to the tune of 100,000 euros each, expanding its social commitment at its Saxony site. The finances are specifically meant to provide support to the organization's endeavors with adolescents. The beneficiaries are Sportclub Hoyerswerda e.V., SG Motor Gohlis-Nord e.V. and Chemnitzer Polizeisportverein e.V.
Porsche Leipzig GmbH's President and Chief Executive Officer Siegfried Bülow commented that the keys to success in both automotive engineering and sport are the motivated young talents and a strong team spirit.
He added that Porsche is "keen to support" the club's program in this regard. To officially start the three-year sponsorship program, Saxony state sports federation's President Eberhard Werner said that they are "delighted" with Porsche's long-term and "generous" support.
Werner related that during the joint selection of the sports organizations, they concentrated on the "number of children and adolescents as well as special social activities." Ralf Berger of the Saxony education agency stated that the Chemnitz police sports club, for instance, carries out "exemplary" work in merging its approximately 700 child members with migration backgrounds.
The two clubs in Leipzig and Hoyerswerda also provide an assortment of sports for children, Berger added. Porsche offers a total of one million euro annually for its sponsorship program to three sports clubs in Saxony and seven in Baden-Württemberg.
In 2012, the company will be giving an additional donation of 50,000 euros to both the Saxony foundation for sports assistance and the Baden-Württemberg state sports association in order to individually sponsor their top athletes for this year's Olympic Games in London.