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Dutch bank to sponsor Renault?

NEWS STORY
04/10/2006

Pitpass hears that Renault is on the verge of announcing a major sponsorship deal with Dutch bank, ABN AMRO.

In the wake of the departure of current title sponsor, the tobacco company Mild Seven, we hear that ABN AMRO has signed a new multi-season deal to take over as title sponsor.

Although details of the new deal are somewhat sketchy, and unconfirmed by either party, Mild Seven's sponsorship was worth a reputed $50m (26m) a year.

Anti tobacco laws mean that all tobacco advertising in F1 is illegal at the end of this year.

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