Formula One
28 November 2009

Formula One news

Renault set to announce new main sponsor

Renault set to announce new main sponsor

03 October 2006

Renault is on the brink of announcing a new main sponsor for next season, F1Racing.net can exclusively reveal. A five-year deal with Dutch bank ING is all but agreed and will apparently be worth as much as 50 million Euros a year.

ING has been sniffing around F1 for a while and understood to have narrowed down its choice to three teams in recent months and now it seems certain that a deal with Renault will be announced within the week.

ING will also back up its on-car sponsorship with track-side advertising. 

With the ban on tobacco advertising Renault's long-term deal with Mild Seven has come to an end and the future of Spanish telecoms brand Telefonica is uncertain, with Fernando Alonso's impending move to McLaren.


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