From GMM
Renault is in talks to replace the outgoing title sponsor ING with an Indian multinational, an official has told the Indian news agency PTI.
In the wake of the Dutch bank ING's decision to withdraw from the sport at the end of the season, a senior official of Renault India said negotiations for its replacement are already taking place.
PTI said a possible visit by Fernando Alonso to India this year would be indicative of Renault's desire to widen its fan base in the populous country.
"Currently, talks are on with a major Indian multinational for sponsorship," the Renault India official is quoted as saying.
He did not go into details beyond saying the talks "are ongoing".
The most prominent Indian sponsor already involved with F1 is Tata, currently with Ferrari but previously affiliated with Narain Karthikeyan at Jordan and Williams.
Renault is in talks to replace the outgoing title sponsor ING with an Indian multinational, an official has told the Indian news agency PTI.
In the wake of the Dutch bank ING's decision to withdraw from the sport at the end of the season, a senior official of Renault India said negotiations for its replacement are already taking place.
PTI said a possible visit by Fernando Alonso to India this year would be indicative of Renault's desire to widen its fan base in the populous country.
"Currently, talks are on with a major Indian multinational for sponsorship," the Renault India official is quoted as saying.
He did not go into details beyond saying the talks "are ongoing".
The most prominent Indian sponsor already involved with F1 is Tata, currently with Ferrari but previously affiliated with Narain Karthikeyan at Jordan and Williams.