- Mutua Madrileña
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Mutua Madrileña office building in Madrid
Mutua Madrileña is a large non-profit Spanish insurance company founded in 1930 that provides life, automobile, health and accident insurance as well as pension and investment funds.
Contents
Products
- Investment Securities
- Life Insurance
Formula One sponsorship
From the 2005 Spanish Grand Prix, the company was a sponsor of the Renault F1 team[1]. The Mutua Madrileña branding appeared on the race cars, drivers' suits and team clothing. This coincided with the company's new corporate image.
After the 2006 Formula One season, the company declared the move of the sponsorship from Renault F1 to McLaren-Mercedes with Fernando Alonso.
After the 2007 Formula One season, the company declared the move of the sponsorship[2] from McLaren-Mercedes back to Renault F1 with the return of Fernando Alonso to Renault.
During the 2009 Formula One season, Mutua Madrileña asked terminated its contract with Renault after the Renault Formula One crash controversy, in which Renault were found guilty of getting Nelson Piquet, Jr. to crash on purpose during the 2008 Singapore Grand Prix, to help Alonso to win the race. The company will continue to sponsor Alonso.[3]
See also
References
- ^ "Renault gets a Spanish sponsor" April 20, 2005
- ^ "Mutua Madrilena returns to Renault" February 21, 2008
- ^ "Mutua Madrilena terminates Renault deal". Autosport. 2009-09-24. http://www.autosport.com/news/report.php/id/78827. Retrieved 2009-09-24.
External links
Categories:- Insurance companies of Spain
- Companies based in the Community of Madrid
- Companies established in 1930
- Insurance company stubs
- Spanish company stubs
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