ING Departing F1
This is really sad news for the F1 world and particularly for Renault. While Renault have come out to say that this move will not effect their place in F1, it must never-the-less be an added financial burden for them.
Clearly the F1 circus must be a little worried as more and more businesses begin reviewing the funding commitments, given the current global financial turmoil.
Let’s hope we don’t lose to many more – certainly if one company this size has made this decision clearly others must be contemplating it.