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ING to sponsor 2008 Hungarian Grand Prix 23 Jan 2008

ING grandstand. Formula One World Championship, Rd 8, French Grand Prix, Race, Magny-Cours, France, Sunday 1 July 2007. World © Sutton Robert Kubica (POL) BMW Sauber F1.07 holds off Fernando Alonso (ESP) McLaren Mercedes MP4/22 at the start of the race.
Formula One World Championship, Rd 11, Hungarian Grand Prix, Race, Budapest, Hungary, Sunday, 5 August 2007

Financial services company ING have extended their involvement in Formula One racing by signing a new agreement to become the title sponsor of the 2008 Hungarian Grand Prix. The event, which will take place in August, will be known as the ING Hungarian Grand Prix.

“Central and Eastern Europe is a vital market for ING, and one that is passionate about F1,” said Isabelle Conner, Head of Marketing, ING Group. “Hungary is the only Grand Prix in Central and Eastern Europe and it’s vital that we successfully use the Grand Prix to continue to build ING’s brand in the region. It was a clear decision to take the title sponsorship for the Hungarian Grand Prix.”

The company also confirmed that they will continue to sponsor the Belgian race during 2008 and 2009, in addition to their two-year sponsorship of the Australian event. During the coming season, ING, who are also the title sponsor of the Renault team, will have on-track branding presence at 13 of the 18 races.

The Hungarian event will take place at the Hungaroring on August 3.