ING Statement: Renault Dropped With Immediate Effect

The Renault F1 teams title sponsor, Dutch financial group ING, have today announced that they will stop their sponsorship of the team with immediate effect. ING were to end the deal at the end of the season, but have revised their stance following the "crashgate" saga and have decided to end their relationship now. This means that Renault will be without a title sponsor for the Singapore Grand Prix, and possibly the end of the season. This may be yet another straw onto Renault's already weak back. If Renault fail to find a suitable title sponsor for 2010, it may add to there deliberation over whether to leave the sport or not. ING began their sponsorship of the team in 2007, just as double world champion Fernando Alonso left the te...

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