NEW YORK (CNNMoney)
"In light of recent events, Castrol has decided to end our relationship with Adrian Peterson," Paul Giblett, a spokesman for the company said Tuesday.
Castrol is a major producer of motor oil and is owned by BP (BP).
Peterson is the star of the NFL's Minnesota Vikings and has defended himself against the charges. He said Monday he is "not a perfect parent, but I am, without a doubt, not a child abuser."
He turned himself into authorities on Saturday and was barred by the team from playing in the next game. But he is back at practice and eligible to play this week, the Vikings said.
Related: NFL scored huge ratings despite scandals
Castrol used Peterson in commercials for its Edge performance oil product and on social media. Many recent social media posts of his likeness had been pulled down, and the commercials were no longer available on YouTube.
His other major sponsor, Nike (NKE), said late last week it would stand by its athlete for the time being.
"We are aware of the concerning allegations surrounding Adrian Peterson. We will continue to closely monitor the situation," said Nike spokesman Heter Myers.
On Monday, the Radisson hotel chain suspended its sponsorship of the Vikings and said it would "evaluate the facts and circumstances."
Related: Anheuser-Busch criticizes NFL: 'We are not satisfied'
First Published: September 16, 2014: 8:02 PM ET
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