Santander signs on as official sponsor for Scuderia Ferrari
Participating in this sponsorship deal:
About Sponsor:
The Santander Group /ˌsɑːntɑːnˈdɛər/ is a Spanish banking group centered on Banco Santander, S.A. (Spanish: [ˈbaŋko santanˈder]).
About Property:
Scuderia Ferrari is the racing team division of the Ferrari automobile marque. The team currently only races in Formula One but has competed in numerous classes of motorsport since its formation in 1929, including sportscar racing.
Last week, Ferrari said it had entered into a five-year agreement with Santander through 2014, so the Spanish bank will have its name on rival drivers' clothing in the championship as well as the Ferrari cars.
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