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Santander to part ways with Ferrari
After seven years and a whopping 280-million investment, Santander bank have declined to renew the contract as Ferrari's primary Formula 1 sponsor and which will bring an end to a seven-year partnership between the two organisations. Santander became Ferrari’s principal sponsor when Fernando Alonso joined the Italian team in 2010, a time when motorsport aficionado Emilio Botín was at the helm of the bank. Alonso came close but never won the championship during his spell at Maranello and departed for McLaren at the end of 2014. Santander remained with the Italian team. Ferrari has played second fiddle to Mercedes and Red Bull for several years and last won the F1 world title in 2007, a...
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