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Motor racing-Renault title sponsor ING to quit Formula One

Newswire

LONDON, Feb 16 (Reuters) - The Renault team's title sponsor ING Group announced on Monday that it was pulling out of Formula One at the end of the 2009 season.

"In light of the recently announced cost reduction programme, ING confirmed today not to renew the three year sponsorship (2007-2009) contract with Renault F1 ...

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