Ferrari has extended its relationship with innovation partner Shell, a partnership that dates back to 1929.
As a partnership, Ferrari and Shell have taken 22 Formula 1 world titles, 10 constructors' and 12 drivers' - and, in the previous renewal in 2015, the oil and gas company was given the title of innovation partner.
"The relationship between Scuderia Ferrari and Shell dates back to 1929, the year our team was founded," said Ferrari team principal Mattia Binotto.
"In that time we have produced so many victories together. We are delighted therefore that our collaboration is now set to go on even longer.
"We share many common values, not least excellence, passion for racing and teamwork, which have made this partnership unique in the history of motorsport.
"As our innovation partner, we will continue to work with Shell on the transfer of racing technology to mobility as well as the ambitious challenges that lie ahead, in particular, the aim of Formula 1 to reach a net-zero emissions level by 2030."
Ferrari will hope to bounce back from a difficult 2020 season, the team's worst since 1980, with a strong campaign this time around and Shell global executive vice president for mobility, István Kapitány, described the coming years as "a very exciting time in our history together".
He explained: "Our partnership with Ferrari has bred truly remarkable innovations – innovations that Shell regularly relies upon when developing new fuels and lubricants for our customers.
"We’re now entering a very exciting time in our history together as we leverage this partnership to not only strive for success on the track, but also to develop cleaner fuels and lubricants for our customers."
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