Santander extends Ferrari deal through 2017

Feb.3 (GMM) The Spanish bank Santander has extended its major sponsorship contract with Formula One team Ferrari yet again.

The new Ferrari F2012
The new Ferrari F2012

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On the day of the launch of the famous Italian team's new F2012 car, Europa Press news agency reports that the three-year contract extension will now push the existing Santander deal through to the end of 2017.

The report said the new deal involves increased signage on the car's livery, whilst Santander continues to sponsor the Italian, British, German and Spanish Grands Prix.

The bank's chairman Emilio Botin said on Friday he is "delighted".

"Our sponsorship with Ferrari is the best marketing operation in the 150 year history of the bank," he said.

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About this article
Series Formula 1
Teams Ferrari
Tags ferrari, santander