FEBRUARY 21, 2008

A strange move

Perhaps in Spain the insurance company Mutua Madrilena will be seen as heroic for having ditched the McLaren team after its difficult 2007 season, in order to follow national hero Fernando Alonso back to Renault. This makes some kind of sense for a company which only does business in Spain, but it is nonetheless a risky move as the firm has left itself open to the charge that it is walking away from a partner in a moment of crisis - hardly the kind of image that an insurance company wants to be presenting to the world.