Formula 1 may have to pay a fee to Post-it Notes maker 3M to use its new logo after it emerged that the American conglomerate has lodged opposition to the sport’s application for a trademark due to “likelihood of confusion” with one it has already registered.

F1’s new logo was unveiled late last year as part of a rebranding plan by Liberty Media, which bought the sport for $8bn (£6bn) at the start of 2017 and listed it on Nasdaq.

The new logo has two parts – a curved stripe with a white line running through the middle followed by a straight line. It bears a striking resemblance to a logo that has been used by 3M for the past year on its Futuro range of therapeutic clothing, including ankle supports, knee straps and compression tights.

F1 launched a new line of clothing earlier this year featuring its new logo. 3M applied for a pan-European trademark to its logo on Feb 17 2017, according to records from the EU’s Intellectual Property Office (EUIPO).

The trademark was registered four months later. This gives 3M precedence as F1 didn’t lodge the application for its new logo until November. In January The Daily Telegraph revealed that 3M had not given F1 permission to use the design and was considering what action to take.