Renault lost sponsorship deals with insurance companies Mutua Madrilena and ING on Thursday in the wake of the Formula One team's race-fixing scandal.
"Mutua Madrilena has communicated to Renault F1 Team Limited the early termination of its sponsorship contract with the team," the Spanish company said in a statement.
The company said its move was based on Monday's decision by F1 ruling body FIA that Renault deliberately had one of its cars crash during last year's Singapore Grand Prix.







