Santander returns to F1 in 2022 with Ferrari

Santander will return to Formula 1 in 2022, joining Ferrari as a partner after a four-year absence from the series.

The Spanish financial giant will become one of the team’s premium partners, with its logo prominently featured on the team’s cars, racing suits and caps.

It will also support the team’s efforts to become carbon neutral by 2030.

Santander was previously involved in F1 from 2007 to 2017, spending eight seasons with the Italian team.

She joined McLaren with the arrival of Fernando Alonso in 2007, before moving to Ferrari with the Spaniard in 2010, although her UK branch has retained ties to the Woking-based team through her work with Jenson Button.

The bank has also taken the title sponsorship of several races over the years, including the British Grand Prix from 2007 to 2014 and the Spanish GP from 2011 to 2013.

John Elkann, President of Ferrari, said: “It is an honor to team up again with a global financial institution like Santander, which is committed to responsible banking and has shown leadership in the financing of renewable energies and ESG (environment, social and governance) advisory services. around the world.

“We look forward to partnering with them to achieve our key goal of becoming carbon neutral by 2030.

“We believe that Formula 1 with its innovations and technological developments will benefit our industry and, ultimately, society as a whole.”

Ana Botin, Executive President of Santander, said: “We are very happy to work again with Ferrari and to support them in the green transition.

“Santander is fully committed to the fight against climate change and, as Europe’s leading provider of auto finance, we are determined to help the auto industry go green.

“Our new partnership with Ferrari will accelerate our common progress.”

Charles Leclerc, Ferrari SF21

Photo by: Mark Sutton / Motorsport Images

The announcement came after it was revealed that Philip Morris International’s Mission Winnow campaign may be stepping down from being the team’s title partner.

The full Mission Winnow brand has been used intermittently since 2018.

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The team ran without him for 2020 before a new green logo and wording reappeared in early 2021, but it was again removed for EU races.

When asked whether Mission Winnow will or will not remain the title sponsor with its decals on the car next year, Ferrari team principal Mattia Binotto said: “We are still in discussions with PMI.

“It is very likely that PMI will remain, [but] maybe not as a title sponsor. So maybe we see.

“It may depend on what you mean by Mission Winnow, on the car or not.

“You mentioned the stickers, so we’re discussing rights. This will be announced as soon as we are ready to do so. “

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