Posts Tagged ‘Sponsor lost’

Not quite wrapped up

The fallout from Crashgate came very quickly and very hard – both ING and the Spanish insurance company Mutua Madrilen have cancelled their sponsorship of Renault F1 effective immediately. James Allen reports that ING were providing $65 million annually with $5 million annually from Mutua Madrilen. Losing $70 million is a big hit – makes [...]

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