ING dumps Renault F1

ING, the title sponsor of Renault F1, has severed all ties with the team immediately in the wake of the race-fixing scandal.

The Dutch bank announced earlier this year that it was to end its sponsorship of the team at the end of the season as part of cost-cutting drive but has decided to pull out four races early.

The firm’s decision follows the verdict of the World Motor Sport Council earlier this week, which ruled that Renault conspired to cause a deliberate crash in order to fix the result of last year’s Grand Prix in Singapore, an offence, it says “of unparalleled severity”.

The team was handed a two-year suspended band, while former team boss Flavio Briatore, who days earlier had resigned from his post, has also been barred from any involvement in FIA-sanctioned events indefinitely.

In a statement, ING says “it is deeply disappointed at this turn of events, especially in the context of an otherwise successful sponsorship”.

The bank’s decision is a second blow for Renault, which lost the support of Spanish insurance firm Mutua Madrilena yesterday (24 September).

Renault’s other sponsors include Total, Puma and Pepe Jeans.

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email

If you are looking for our Jobs site, please click here