P1racenews AI automatic summary:
Ferrari has confirmed it will no longer wear the logos of this company following the end of the current F1 season.
Ferrari announced it will end its long-standing partnership with Santander at the conclusion of the current F1 season. Santander had initially joined forces with Ferrari in 2010, continuing until the end of 2017 before severing ties with F1. They re-entered the sport in 2022 on a three-year deal with Ferrari. The Spanish bank also backed Ferrari’s World Endurance Championship efforts, resulting in two 24 Hours of Le Mans victories for the team. Come the 2025 season, the iconic Santander logos will no longer adorn Ferrari’s F1 cars, as the collaboration closes. Ferrari’s Chief Racing Revenue Officer, Lorenzo Giorgetti, expressed gratitude for Santander’s contributions to the team’s success during their partnership.
