r_MotionBlur = 1
r_MotionBlurShutterSpeed = 0.0001
It went away for me in 1.9 and 275.50 but has now returned no matter what the in-game setting of motion blur is. Changing the MOTION BLUR menu setting to any value then back again fixes it.
Indeed, this cvar sequence in game.cfg also fixes it:
r_MotionBlur = 1
r_MotionBlur = 0
(SLI 2x460 w/768)