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Santander out at Ferrari, Petrobras in at McLaren?
There could be a few important commercial changes over the winter affecting Formula 1's two most successful teams, Ferrari and McLaren. Scuderia partner Banco Santander shall apparently not be extending its sponsorship contract with the Italian outfit for 2018, a deal worth a reputed 40 million euros per year. The financial institution chaired by Ana Botin has been part of Ferrari's identity in Formula 1 since 2010, initiating its commercial partnership when Fernando Alonso joined the House of Maranello. Despite the Spaniard failing to secure a championship for the red squad during his tenure, Santander extended its four-year deal until 2017. Ferrari was looking to renew its partnership...
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