Ferrari reveal MAJOR F1 signing after 2025 split

Frederic Vasseur of Ferrari — Photo: © IMAGO

Latest F1 News

Ferrari reveal MAJOR signing after 2025 split

Ferrari announced a major split for 2025

Originally written by Harry Whitfield. This version is a translation.

Thursday 5 September 2024 03:00

Ferrari have revealed a major signing following their split with long-term sponsor Santander.

The Scuderia enjoyed a spectacular home win at the Italian Grand Prix, where Charles Leclerc once again sealed a race victory around Monza.

Article continues under video

However, just before the race, Ferrari confirmed that their current sponsorship with Santander would come to an end after the 2024 season.

The Spanish bank were in partnership with the team between 2010-2017 before returning to the Italian outfit in the January of 2022.

Charles Leclerc took home his second Italian Grand Prix victory on Sunday

Ferrari are third in the constructors' championship trailing Red Bull by just 39 points

Ferrari move on from Santander

Ferrari's Spanish connections will cease to exist next season, as Spaniard Carlos Sainz is making way for Lewis Hamilton in 2025.

The Maranello-based outfit have swiftly moved on from Santander confirming via a statement on Ferrari's website, that: "Ferrari announces that, effective January 1, 2025, UniCredit S.p.A. will partner with Ferrari S.p.A., its wholly-owned subsidiary, to be at its side in its Formula 1 racing activities under a multi-year agreement."

The statement also disclosed the deal would be a multi-year agreement, starting from 2025 but no further announcement was made regarding what type of sponsorship deal will be in place.