Great mod! After the update I too got the error.
I re-installed game and mod to get the game working again. Now correct Team names and sponsors don't show but driver names do.
I really hope you find time in future to fix the mod Panamera4 as this mod really enhances the enjoyment of this game:)
Brilliant! Obviously, can you get drivers to look like they do in real life with correct nationalities and names please. I know it's quite difficult, I had a look myself, but looking at the quality of this work, you, unlike me, are up to the task. ;)