Renault loses main sponsor

W

Wido Rossen

  • Wido Rossen

It whas a matter of time that it would happen.

Today Renault F1 sponsor ING anounced that they will stop with there sponsor activities in F1 racing.
It will however remain till the end of this season.
ING is in rough wetter due to the finicial crisis.
The bank anounced that they will cut back on 40% of sponsoring and hope`s to save milions of dollars / euro`s.
F1 is not the only sport ING will stop sponsoring.
The bank stated also that worldwide 7000 jobs will disapear

ING enterd the F1, 2 years ago with Renault.
 
I hope this will not danger the Belgium GP. It's sponsor is ING you know. Also i happy too for Renault's riddance of Orange colors.
 
  • Nick Soudant

They will stop sponsering AFTER the 2009 season, Am I right??
 

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