How much is the Santander sponsorship worth?

How much is the Santander sponsorship worth?

Pair signed ‘US$60m-per-year’ sponsorship in 2021. Ferrari and Santander have announced that their sponsorship agreement will conclude at the end of 2024. Ferrari reunited with Santander courtesy of a three-year deal signed in December 2021 reportedly worth US$60 million annually. The Spanish banking group was previously a sponsor of the Italian motorsport outfit from 2010 to 2017, before embarking on a new partnership with European soccer’s Uefa Champions League.A primary goal of the deal is to increase Santander’s brand visibility in the US. The Williams Racing Formula 1 (F1) motor racing team has announced a new multi-year partnership with Spanish bank Santander that will begin in 2025.

How much does Santander pay Ferrari?

Context: Details around the partnership are scarce so far, but it comes days after Ferrari confirmed their partnership with Santander would end on 31st December. The Spanish banking group signed a three-year deal with the Italian motorsport outfit in December 2021, reportedly worth US$60 million annually. Ferrari’s multi-year partnership with UniCredit, the leading pan-European bank was first announced in September 2024.

Who owns the $70 million Ferrari?

The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold to David MacNeil in a private sale for $70 million. Classic Bugatti models are likely to have fetched $30-40 million in private deals, but David MacNeil now holds the unofficial record for his $70 million Ferrari 250 GTO.Classic Motors For Sale In 2018, Chassis 4153 GT, a 1963 Ferrari 250 GTO, was sold in a private transaction for a staggering $70 million, setting the record for the most expensive classic car ever sold. The buyer? David MacNeil, the founder and CEO of WeatherTech, the premium automotive accessories company.

Does Fiat still own 50% of Ferrari?

Who Owns Ferrari Today? After restructuring to establish Ferrari N. V. Ferrari Group, FIAT Chrysler Automobiles (FCA) sold 10% of their shares and distributed their remaining 80% of shares among FCA shareholders. Ferrari was and continues to be owned by Piero Ferrari (son of Enzo). Who Owns the Maserati Car Company? Now that you know where Maserati is made, you may be wondering who owns the company. Maserati is owned by Stellantis, which was itself created in a merger between Fiat Chrysler Automobiles and Peugeot SA that took place in 2021.

Who is richer, Ferrari or Red Bull?

According to data analysed by the digital platform Sportico, Ferrari tops the list with an estimated valuation of 4. Mercedes (3. Red Bull Racing (3. United States still ahead. The United States remains Ferrari’s flagship market. In 2024, the brand sold 3,527 units, representing an increase of 12.

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