Ferrari confirms 5-year Santander deal

Scuderia Ferrari Marlboro has today at Monza announced that it has reached an agreement with the Santander Bank, which, as from 2010, will become one of the team's most important sponsors for the next 5 years.

"We are very happy to have a new partner like Santander, with whom we are beginning a very important and long term collaboration," commented President Luca di Montezemolo. "We share common values, such as striving for excellence, a passion for competition, an international approach and, last but by no means least, the colour red. These values will make this a fruitful partnership, noteworthy around the world."

The agreement, which is for a five year period, will see the Santander logo and branding on the cars, the drivers' overalls and on the team kit.