P1racenews AI automatic summary:
Ferrari has announced that the Italian banking group UniCredit will come on board as a sponsor to the marque’s Formula 1 team from the start of the 2025 campaign. The Maranello-based squad revealed in the run-up to the Italian Grand Prix that its commercial arrangement with Santander will come to an end once 2024 concludes. […]
Ferrari disclosed that their commercial agreement with Santander will end in 2024 following the Italian Grand Prix. The iconic Santander logo has adorned Ferrari’s F1 components since 2021, but will not be extended beyond 2024. Ferrari swiftly secured a new sponsorship deal with UniCredit starting from January 1, 2025. UniCredit is set to partner with Ferrari in a multi-year agreement for Formula 1 activities. Santander hinted at potential collaboration with Williams, hinting at a renewed partnership with Carlos Sainz. Sainz is switching to Williams for the 2025 season, thanking Ferrari for their past three-year partnership. Santander’s Global Head of Communications expressed gratitude to Ferrari and hinted at continuing collaborations with various partners in the future.
