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ING terminates contract with Renault F1
Business & Market 2009
Written by Joseph Chin   
Friday, 25 September 2009 10:34
KUALA LUMPUR: ING has terminated with immediate effect its contract with Renault Formula 1 after the World Motor Sport Council's recent verdict about the events that occurred at the 2008 Singapore Grand Prix.

ING said on its website on Sept 24 that "ING is deeply disappointed at this turn of events, especially in the context of an otherwise successful sponsorship".

"As announced on Feb 16 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," it added.
  Last Updated on Friday, 25 September 2009 16:53

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