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F1: ING to cut back on F1 sponsorship by Virgil Ellipse
27th Jan 2009
Yellow's title sponsor ING has revealed that it is to cut back on its sponsorship spending in Formula One as a result of its financial troubles.

The Dutch-based company has announced that it will be laying off a frightening number of people as a result of an annual loss of an even more frightening number in the currency of your choice, and that it would therefore be reducing its F1 sponsorship programme.

Yellow team bosses were quick to refute rumours of a possible split, pointing out that a finance company that suddenly finds itself in financial difficulty is a very good fit for a Formula One team that wins both championships for two years in a row and then fails to win a single race the following season.

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F1Formula 1
The world's most prominent, most expensive and frequently most tedious single-seater series.