Mutua Madrileña terminates Renault sponsorship deal

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The Spanish insurance company Mutua Madrileña requested to end its sponsorship deal with the Renault F1 Team with immediate effect as a result of the recent 'crashgate'-scandal. The sponsorship deal between the company and Fernando Alonso, however, continues.

A statement of Mutua Madrileña, which was published in several Spanish newspapers, read: "The behaviour of relevant people in the team was of extraordinary seriousness and it compromised not only the integrity of the sport, but also put in danger the lives of spectators, drivers and circuit personnel, which is something that can affect the image, reputation and good name of the team's sponsors."