Oct.16 (GMM) Renault has confirmed the poorly-guarded speculation that Dutch bank ING is to replace Mild Seven in 2007 as the team's new title sponsor.
The three year agreement, resulting in the official team title 'ING Renault F1 Team' and the likely incorporation of colours orange and white, was announced to the press at a news conference in Amsterdam on Monday morning.
Japan Tobacco brand 'Mild Seven' has been title sponsor since 1994.
"(Mild Seven's) loyalty and dedication stand as examples for corporate involvement throughout formula one," team boss Flavio Briatore said.
Written: Mon, 16 Oct 2006 14:27:51
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