Santander Set To Switch To Ferrari
Santander are rumoured to leave McLaren-Mercedes team and switch to sponsor their rivals Ferrari for the 2010 season.
It has been reported by Spanish newspaper Publico that Santander is set to pay out €25 million ($39 million) per year to Ferrari compared to the €15 million to €20 million they pay McLaren.
If the planned move goes ahead, this could reunite Santander with two-time world champion Fernando Alonso.
Alonso joined McLaren from Renault in 2007 and a three year deal was signed between Santander and McLaren. Although the relationship was short lived as Alonso had a gloomy season and returned to Renault at the start of 2008.
A spokesperson for Santander said: ‘The bank has always wanted to be with Alonso but the sponsorship contract was done with McLaren and not with Alonso.’
