Leave 'Em Hangin' With No Vodafone: Telco Giant Leaves Ferrari

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Money's changin' hands in F1, and it don't look so rosy for the boys in the red cars with the horsies on 'em. Although Ferrari won't be affected by the Michelin withdrawal, one of their biggest sponsors, Vodafone, has packed up its sweet, sweet love and moved on over to McLaren, where they'll be the marquee brand. Word has it that the 'Foners weren't pleased that they couldn't get title-sponsor status with Ferrari, and with West's pullout from racing sponsorship, they seized the chance. Other factors that may have led to the defection include Ferrari's dismal last season and whispers of Schuey's leaving for either retirement or Red Bull.

Ferrari left stunned by Vodafone Defection [Times, UK]

Related:
Michelin to Depart F1 After 2006 [Internal]