Telefonica moves sponsorship to Spanish GP

Spanish telecommunications company Telefonica has not extended its sponsorship with the Renault F1 team. A spokesperson at Telefonica confirmed they will not continue their sponsorship but instead become the Spanish Grand Prix main sponsor.

A Telefonica spokesperson told F1Racing.net: "It is indeed correct that we will not carry on our sponsorship with the Renault F1 team. We will however remain linked with Formula 1 as we will for example be the main sponsor of the Spanish Grand Prix this season."