FERRARI AND SANTANDER END THEIR PARTNERSHIP
30 Agosto 2024 - 10:17PM
Maranello, August 30, 2024 - Ferrari N.V. (NYSE/ EXM: RACE)
(‘Ferrari’ or the ‘Company’) announces the termination of the
partnership between Ferrari S.p.A., its wholly-owned subsidiary,
and Santander, effective as of December 31st, of 2024 since the
committed three-year contract will end.
The partnership, which began in January 2022
after a previous collaboration from 2010 to 2017, saw Santander
alongside our Company in the sporting activities of the
Prancing Horse. Santander has been Premium Partner of Scuderia
Ferrari in Formula 1 and has been our partner in the Le
Mans Hypercar (LMH) programme.
Lorenzo Giorgetti, Chief Racing Revenue Officer
of Ferrari, comments: “As our successful partnership with Santander
comes to its end, we would like to express our gratitude for their
dedication and collaboration during our journey together. They have
played an important role in contributing to our achievements over
the past three years.”
Juan Manuel Cendoya, global head of
Communications, Corporate Marketing and Research of Santander and
vice chair of Santander Spain, said: “We are extremely grateful to
Ferrari for their partnership over the past three years.
Sponsorships play an important role in engaging with clients and
reinforcing our brand and we will continue to work with a range of
partners in the years ahead.”
- FNV PR Santander 30.08.2024 ENG
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