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Santander set to back only Ferrari in 2011

Santander will pool its resources into just Ferrari in 2011, ending its deal with McLaren-Mercedes in the process.
Santander is to transfer its full-backing to Ferrari in 2011, ending its four-year relationship with the McLaren-Mercedes team.

The Spanish banking giant entered F1 in 2007 as part of Fernando Alonso's ill-fated move to McLaren-Mercedes that year, but while the former champion switched to Renault at the end of the season, Santander stayed on board with the Woking-based team.

However, following Alonso's move to Ferrari in 2010, Santander chose to submit backing to both teams, even if the Scuderia received the more prominent branding.

Nonetheless, Santander has said it will back just Ferrari in 2011 as it begins the second of a five-year agreement that was signed in 2009.

"We have had a transition with McLaren and who knows if in the future we will keep on having a relationship with them and their drivers," spokesman Juan Manuel Cendoya told the Spanish press.

The move is unlikely to prove a significant blow for McLaren, which had already been reduced to using fairly minimal Santander branding this year, as it continues to receive substantial sponsorship from Vodafone.

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sixtenths - Unregistered

November 30, 2010 3:16 PM

Can they afford to keep on sponsoring Ferrari and paying for Alonso's seat ? The Spanish banking system is on it's knees, soon to be bankrupt and is heading for a bailout, are we all going to end up paying for his seat there and a lap dog number two driver ?

Racehound - Unregistered

November 30, 2010 3:52 PM

For your information sixtenths you *****, Santander were furious at the way Alonso was treated at McIdiots under ***** Dennis!!! They were on the verge of cancelling their sponsorship deal with McmoRons at the end of 2007, but because they had taken over Abbey National that year, and due to Hamiltons popularity in the UK, they decided to stay with them so they could use Hamilton for the extra publicity in the UK. Now their business in the UK has been a total success, they do not need McDickheads OR Hamilton to further their interests in the UK. Hamilton has also been plagued with more than most drivers share of controversy since 2007, and now they feel that it is not in their best interests to be associated with him or the team any longer! Santander can now invest more money into Ferrari and Alonso so your remark about "paying for his (Alonsos) seat is utter garbage!

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