Buckingham Bingo Didsbury Sport everywhere ,all about sports,football <meta content='tennis, us open, australian open, wimbledon, wimbeldon, roland garros, rolan garos, roland garos ,Caroloine Wozniacki , tennis 2099, tennis tours, tennis tournments, a tennis, about tennis, andrea agassi,agassi, all tennis, and tennis, andre agassi, andy roddick, atp tennis , atp tour, australian open, australian open tennis, best tennis, best tennis player, champions , davis cup, de tennis , defeated tennis player, doubles, download tennis, download tennis 2008, download tennis 2009, dream tennis dubai tennisو championshipsegyptو tennisespn و tennisfantasyو tennisfedererو finals for tennisو trophy و french openو frensh open, tennis generation , tennis grand slam , grand slam tennis , grand slam tenni game , head tennishewitthot tennisin tennisindian wells tennislatest tennisle tennislearn tennis maria sharapova, masters, tennis match,australia, tennis history matches, mens tennis, mini tennis, cricket, of tennis, on tennis, open tennis, open tennis, open tennis 2009, open tennis 2010, pete sampras, power tennis, prince tennis, qatar tennis, racket, racquet,rafael nadal, tennis, real tennis, roddick, roger federer, roland garros, rolan garros,rolan garos, tennis russian, tennis sega, superstars, tennis serena williams, serve sharapova, singles, sony ericsson tour, tennis sports, tennis star, tennis street, tennis super star, tennis super, tennis super stars, tennis tenni,tenis, tennis .pdf, tennis 09, tennis 1, tennis 2, download tennis, tennis 2002, tennis 2003, tennis 2005, tennis 2006, tennis 2007, tennis 2008, tennis 2009, tennis 2010 torrent, tennis 3 tennis atp, tennis australian, open tennis, ball tennis champion,schumacher michael,michael schumacher, tennis championsm, tennis champions, tennis championshipstennis, championships 2009 tennis , channel tennis court, tennis equipment, tennis flash, tennis forum, tennis forums, tennis froum, tennis full, tennis girl, tennis grip, tennis ground, tennis history, tennis in egypt, tennis jar, tennis lessons, tennis live, tennis magazine, tennis mania, tennis match, tennis matches, tennis men, tennis new, tennis news, tennis online, tennis photo, tennis news,tennis2011, tennis photos, tennis pictures, tennis player, tennis players, tennis racquets, tennis ranking, tennis rankings, tennis results, tennis schedule, tennis serve, tennis shoes, tennis stadium, tennis torrent, tennis tournament, tennis tournaments tennis training, tennis training video, tennis tv, tennis vedio, tennis videos, tennis wallpapaers, tennis wallpaper, tennis website, the tennis, tournaments, us open , virtue tennis, vitrua tennis, vitrua tennis3, vitrual tennis, vitural tennis, watch live tennis, watch tennis, what wimbledon tennis , champ was nicknamed, super brat, wilson, wilson tennis, wimbeldon, wimbledon, wimbledon tennis, winner,winners world tennis, world tennis championship, wta tennis, wta touryoutube tennis لعيهvirtua tennis, لعبةvirtua tennis 3, maria sharapova,del potro, venus williams, ckijsters, caroline, andy murray, jaun martin del potro, henin, justin henin ,caroline, elena , jelena dementieva, finals, winners, who win wimbledon, rankings, women rankings, men rankings.' name='keywords'/> Sport everywhere: Renault suffer twin sponsor blow

Thursday, September 24, 2009

Renault suffer twin sponsor blow

Renault have been hit by the news that title sponsor ING will end its contract with the Formula 1 team immediately.

The Dutch-based financial group planned to pull out at the end of the season but will now leave four races early.

The move follows the race-fixing scandal that resulted in a suspended ban for the former world champions.

Renault had already lost the backing of Spanish insurance firm Mutua Madrilena, which asked for its name to be removed from Renault's cars earlier in the day.

ING was the largest sponsor on Renault's books, providing more than half their total sponsorship revenues according to some estimates.

Question is, who's going to want to touch them now? Renault need to go on a damage limitation campaign

A report by industry monitor Formula Money earlier this year put ING's contribution to the sport at some $86m (£53m) last season, with $65m (£40m) going to Renault.

"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 One with immediate effect," the company said.

"ING is deeply disappointed at this turn of events, especially in the context of an otherwise successful sponsorship."

Mutua Madrilena announced earlier on Thursday they had withdrawn their sponsorship from the team for similar reasons.

Alonso will continue to receive the backing of Mutua Madrilena
The company said the decision would have no impact on its sponsorship contract with Spain's double world champion Fernando Alonso.

"Mutua Madrilena believes the conduct of the relevant people in the team was of extraordinary seriousness and not only compromised the integrity of the sport but also put the physical safety of spectators, drivers and circuit personnel at risk," the company said in a statement.

"This could affect the image, reputation and good name of the team's sponsors."

Renault were given a two-year suspended ban from Formula 1 for their role in fixing last year's Singapore Grand Prix.

The FIA, the sport's governing body, also banned ex-Renault boss Flavio Briatore for life and suspended former engineering head Pat Symonds for five years for ordering Brazilian Nelson Piquet Jr to crash.

All three individuals implicated in the scandal have since left Renault, but the changes have arrived too late to save two of the team's key sponsorships.

Alonso, who won the Singapore Grand Prix after the safety car was deployed, was cleared of any involvement.

No comments:

Post a Comment