Scuderia Ferrari announced this week that Spanish banking giant Santander has returned to the team ahead of the 2022 FIA Formula One world championship.
The multi-year partnership will see Santander advice Ferrari in ways for the Prancing Horse to become carbon neutral by 2030.
The Santander logo will appear on the team clothing and overalls worn by Charles Leclerc and Carlos Sainz as well as on their Ferrari cars.
Speaking about the news, 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.
Ferrari and Santander first entered a partnership in 2010 lasting up until the end of the 2017 season.