25/03/2010
NEWS STORY
Ferrari has announced the renewal of its technical and commercial agreement with Shell for the next five years.
In a brief statement issued this morning, Stefano Domenicali said: "The extension of our relationship with Shell up to the end of 2015 is yet another step in the Scuderia's plan to strengthen its long term future and is also a clear sign of continuity and the confidence placed in Ferrari by a company that is a world leader in its field.
"Shell has been with the Scuderia from the year it was established in 1929 and has played a significant role in many of our successes. Striving for excellence, a passion for competition, team work, technology transfer from track to street: these are the values we share with Shell and which characterise what is a unique partnership in the history of motor sport."
The announcement of the renewal coincides with the 450th Formula 1 Grand Prix that the Scuderia has contested using Shell fuels and lubricants. To date, the partnership has garnered 22 world titles - 10 Constructors' and 12 Drivers' - along with 154 race wins.