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Ferrari announced on Thursday that Spanish banking giant Santander, whose name can currently be found on McLaren’s cars, will become one of the Italian team's ‘most important’ sponsors from 2010.

 

"We are very happy to have a new partner like Santander, with whom we are beginning a very important and long term collaboration," commented Ferrari President Luca di Montezemolo.

"We share common values, such as striving for excellence, a passion for competition, an international approach and, last but by no means least, the colour red. These values will make this a fruitful partnership, noteworthy around the world."

The agreement, which is for a five year period, will see the Santander logo and branding on Ferrari’s cars, their drivers' overalls and on the team’s kit.

 

source: http://www.formula1.com/news/headlines/2009/9/9890.html