Thursday, February 26, 2009

William's Still Strong


RBS plans to exit Formula 1. They were sponsors for Williams F1 Team. There will be a 25% reduction in sponsorship in 2009 and 50% by 2010. This is due to heavy losses announced by RBS banking group.

The RBS-Williams partnership began in 2005 and was renewed for a second three-year term in 2007.

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