Friday, September 25, 2009


Grosjean, Singapore 2009

Spanish insurance company Mutua Madrilena has requested to end its sponsorship deal with Renault with immediate effect following the race-fixing scandal.

Spanish media reported a statement from the company as saying that, according to the contract, "Renault must comply with all the FIA rules and regulations at all times as a competitor in the world championship" and that Renault's "substantial breach" has led Mutua Madrilena to terminate its contract.

"The behaviour of relevant people in the team was of extraordinary seriousness and it compromised not only the integrity of the sport, but also put in danger the lives of spectators, drivers and circuit personnel, which is something that can affect the image, reputation and good name of the team's sponsors," Mutua Madrilena said in the statement.

The company, however, said it would continue its sponsoring of Alonso.

Also, ING confirmed that it had chosen to pull its sponsorship deal because of the events of the last week.

"ING announced today that 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," said the statement.

"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."

As result of these terminated sponsorships The Renault team will race a car with nearly no sponsorship already in today's practice for the Singapore Grand Prix, after removing all the ING and Mutua Madrilena decals overnight.