Just hours after Spanish insurance giant Mutua Madrilena announced its decision to end its partnership with Renault with immediate effect, title sponsor ING has followed suite.

In a brief statement issued tonight, on the eve of the opening day of the Singapore Grand Prix weekend, ING issued the following statement:

"In light of the verdict of the World Motor Sport Council of 21 September 2009 concerning the events that occurred at the 2008 Singapore Grand Prix, ING will terminate the contract with Renault Formula 1 with immediate effect.

ING is deeply disappointed at this turn of events, especially in the context of an otherwise successful sponsorship. As announced on 16 February of this year, ING decided not to renew the three year sponsorship (2007-2009) contract with Renault F1 and to end its presence in Formula 1 after the 2009 season."

LATEST NEWS

more news >

LATEST IMAGES

galleries >

Click to go to the main galleries section

POST A COMMENT

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

Sign in or register for a Pitpass ID to leave a comment here!

post comment

READERS COMMENTS

No comments posted as yet, would you like to be the first to have your say?

ING quits Renault with immediate effect

LATEST NEWS

RELATED ARTICLES

LATEST IMAGES

POST A COMMENT

Post your comment

READERS COMMENTS

Share this page