Scuderia Ferrari has officially announced the end of its partnership with the Spanish bank Santander, which will conclude on December 31, 2024, at the expiration of the current three-year contract.
Santander was a Premium Partner of the Scuderia in Formula 1 and the Le Mans Hypercar program since January 2022, and had previously collaborated with the Prancing Horse from 2010 to 2017.
Comments from Ferrari and Santander
Lorenzo Giorgetti, Chief Racing Revenue Officer of Ferrari, expressed his thanks to the Spain-based group: “With the conclusion of our successful partnership with Santander, we would like to express our gratitude for their dedication and collaboration throughout our journey together. Their role has been important in contributing to the results we have achieved over the past three years.” – he explained.
Juan Manuel Cendoya, Global Head of Communications, Corporate Marketing, and Research of Santander and Vice Chair of Santander Spain, stated: “We are extremely grateful to Ferrari for its partnership over the past three years. Sponsorships play an important role in engaging customers and strengthening our brand, and we will continue to collaborate with a range of partners in the years to come.” – Juan Manuel Cendoya concluded.
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