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Sorrell drives F1 shake-up – Financial Times | F1United.com

Sorrell drives F1 shake-up – Financial Times

Sorrell drives F1 shake-up – Financial Times
Sir Martin Sorrell and Peter Brabeck, the chief executives of WPP and Nestl , have taken shares in Formula One s holding company as part of a shake-up in the motor sport s ownership. Documents filed at the end of January show that Jersey-based

Motorsport: Renault to lose ING as F1 sponsor – New Zealand Herald
ING will not renew its sponsorship of Renault’s F1 team next season. Photo / AP AMSTERDAM – Dutch bank ING says it will not renew its sponsorship of Formula One team Renault after the 2009 season. The move is part of cost-cutting at ING Groep NV

Renault say cost cuts will keep team in F1 – Gulf Times
LONDON: Formula One’s cost-cutting measures should secure Renault’s future in the sport despite the departure of title sponsor ING, team boss Flavio Briatore said yesterday. Dutch-based banking and insurance company ING, whose backing has provided a

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