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JOHNNYBET

Ferrari agrees five-year deal with Santander

NEWS STORY
10/09/2009

Formula One's worst kept secret is finally out and official as Ferrari confirms a five-year deal with Spanish bank Santander.

The official statement reads as follows:

Scuderia Ferrari Marlboro is pleased to announce that it has reached an agreement with the Santander Bank, which, as from 2010, will become of the team's most important sponsors.

"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.

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