First Big Bank To Cut Funding for New Fossil Fuel Projects Is European, of Course
23 Mar 2022, 17:25 UTC · By: Florin Amariei / High gas prices keep popping up almost everywhere, but big banks intend to keep their promise on tackling climate change. Now Europe gets a head start
Volvo Borrows from the EIB
23 Dec 2010, 09:24 UTC · By: Daniel Patrascu / The Swedish manufacturer acquired earlier this year by Chinese manufacturer Geely is continuing to borrow money from financial institutions, saying that by doing so it secures jobs at its existing f...
Volvo Gets EUR198M Loan from ING
13 Dec 2010, 18:40 UTC · By: Daniel Patrascu / Swedish manufacturer Volvo announced today it has signed a loan agreement with the Belgium unit of ING, a deal which will see the bank give the carmaker an EUR198 million ($262 million) loan. Th...
Qantas Becomes Title Sponsor of the Australian Grand Prix
24 Feb 2010, 10:16 UTC · By: Ovidiu Panzariu / With Dutch banking group ING leaving the world of Formula One at the end of last season, not only the Renault F1 Team had to suffer from it and look for a replacement in terms of title sponsorship, ...
Australian GP Lacks F1 Sponsor for 2010 Event
29 Dec 2009, 09:38 UTC · By: Ovidiu Panzariu / The 2009 Australian Grand Prix was a success from a sporting standpoint, as it set the base to Brawn GP's domination in the Formula One Championship against big guns like Ferrari and McLaren. H...
Renault to Change Livery Dramatically in 2009
13 Oct 2009, 08:41 UTC · By: Ovidiu Panzariu / Renault is set to experience a complete change of livery for the remaining two rounds of the 2009 season, as the team's title sponsor has already announced its withdrawal from the sport at the ...
Mutua Madrilena Terminate Renault Deal
25 Sep 2009, 07:59 UTC · By: Ovidiu Panzariu / Mutua Madrilena decided to terminate their contract with Renault F1 Team with immediate effect, as a result of the race fixing scandal that made the headlines in recent weeks. The French manufacture...
ING Terminate Renault Deal Immediately
25 Sep 2009, 07:11 UTC · By: Ovidiu Panzariu / Dutch banking group ING yesterday announced that it has terminated its title sponsorship of Renault F1 Team “with immediate effect.” It seems the recent race fixing scandal in which the ...
Crash-Gate Hits Renault Hard
22 Sep 2009, 09:56 UTC · By: Ovidiu Panzariu / Although one could argue that Renault managed to escape far more drastic penalties in the crash-gate following the WMSC meeting yesterday, in Paris, that doesn't mean the French manufacturer is...
Ferrari Urges Sponsors to Stay
18 Feb 2009, 10:12 UTC · By: Ovidiu Panzariu / Ferrari and McLaren join forces once again in their attempt to stop the exodus of worldwide sponsors from the Formula 1 series. Following Ron Dennis' comments about how attractive the sport has...
Renault Still Strong, Despite Loss of ING Group
16 Feb 2009, 14:16 UTC · By: Ovidiu Panzariu / Renault's Flavio Briatore insisted his team has a solid future inside Formula 1, despite the loss of title sponsor ING Group after the 2009 season. The Italian argued that the new cost cutting ...
ING Group Announce F1 Quit
16 Feb 2009, 10:51 UTC · By: Ovidiu Panzariu / After announcing sponsorship cutbacks of more than 40% for the 2009 season, Dutch giant ING Bank revealed on Monday that they will end their partnership with Renault F1 team after 2009. The two part...
Ecclestone Not Panicking on F1 Future
2 Feb 2009, 10:34 UTC · By: Ovidiu Panzariu / Taking on former F1 champion Alain Prost's advice, Bernie Ecclestone insisted that the world of Formula 1 should not panic in the wake of the global economic downturn. The F1 supreme argued tha...
Belgian GP Undisturbed by Potential Loss of Sponsor
28 Jan 2009, 17:36 UTC · By: Ovidiu Panzariu / Following recent media reports showing that Dutch bank ING Group are to revise their Formula 1 sponsorship by the mid-season, several concerns were issued regarding the future of some Grands Prix in...