Banco Santander has made its return as premium partner of Ferrari in multiple championships in 2022, including F1.
Having partnered with Ferrari until the 2017 season, one of Spain’s largest bank – Banco Santander – is back as a premium partner of the team from 2022 onward. It will not just feature on the F1 side, but also on the GT side and WEC.
The new multi-year deal will see the logo of Santander feature on the cars and race suits of both Charles Leclerc and Carlos Sainz. In addition, it will feature in the activities of Ferrari Driver Academy, Ferrari Competizioni GT and WEC’s Le Mans Hypercar.
“It’s an honour to team up again with a global financial institution like Santander, which is committed to responsible banking and has shown leadership in renewable energy finance and ESG advisory services all around the world,” said Johan Elkann.
“We look forward partnering with them to deliver our key objective of becoming carbon neutral by 2030. We believe Formula One with its innovations and technological developments will benefit our industry and ultimately society as a whole.”
At the same time, Ana Botin, Executive Chairman, Banco Santander, added: “We are very excited to work with Ferrari again, and support them in the green transition. Santander is fully committed to tackling climate change, and as Europe’s leading provider of auto finance, we are determined to help the auto industry as it goes green. Our new partnership with Ferrari will accelerate our common progress.”
The news of Santander comes amid reports of Philip Morris International moving away from a larger sponsorship deal with Ferrari. Also, it is around the time when the team has started informal discussions with Sainz for a contract extension – as also reported by FormulaRapida.net’s Sergio Rodriguez.
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