Ferrari will lose one of their major sponsors at the end of the season
Ferrari have announced the termination of the partnership with Santander, with their cooperation set to come to a close at the end of the year after a three-year period.
The partnership, which began in January 2022 after a previous collaboration from 2010 to 2017, saw Santander alongside Ferrari in the sporting activities of the Prancing Horse. Santander has been Premium Partner of Scuderia Ferrari in Formula 1 and has also been a partner in the Le Mans Hypercar (LMH) programme.
Commenting on the announcement, Lorenzo Giorgetti, Chief Racing Revenue Officer of Ferrari, added: “As our successful partnership with Santander comes to its end, we would like to express our gratitude for their dedication and collaboration during our journey together.
“They have played an important role in contributing to our achievements over the past three years,” concluded Giorgetti.
Vice Chairman of Santander Spain Juan Manuel Cendoya commented : “We are extremely grateful to Ferrari for their partnership over the past three years.
“Sponsorships play an important role in engaging with clients and reinforcing our brand and we will continue to work with a range of partners in the years ahead.”
