Santander Agrees Multi-year Partnership With Ferrari

Santander today announced a new alliance to become one of the premium partners of Scuderia Ferrari, with the bank’s logo featuring prominently on the team’s cars, race suits and caps. Over the term of the partnership, Santander will offer Scuderia Ferrari a wide range of solutions to support the team’s efforts to become carbon neutral by 2030.

Santander had already played a part in Formula 1 from 2007 and 2017, enjoying a successful partnership with Scuderia Ferrari from 2010.

Ana Botín, executive chairman of Santander, said: “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.”

John Elkann, chairman of Ferrari, said: “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 (environmental, social and governance) advisory services all around the world. 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.”