Ferrari and Santander end their partnership

Maranello, August 30, 2024 – Ferrari NV (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces the termination of the partnership between Ferrari SpA, its wholly owned subsidiary, and Santander, effective December 31, 2024, as the three-year contract expires.

The partnership, which began in January 2022 after a previous collaboration from 2010 to 2017, saw Santander join our company in the Prancing Horse’s sporting activities. Santander is a Premium Partner of Scuderia Ferrari in Formula 1 and is our partner in the Le Mans Hypercar (LMH) programme.

Lorenzo Giorgetti, Chief Racing Revenue Officer of Ferrari, said: “As our successful partnership with Santander comes to an end, we would like to express our gratitude for their dedication and collaboration throughout our journey together. They have played a key role in contributing to our achievements over the past three years.”

Juan Manuel Cendoya, Global Head of Communications, Corporate Marketing and Research at Santander and Vice-President of Santander Spain, said: “We are extremely grateful to Ferrari for their partnership over the past three years. Sponsorship plays an important role in engaging customers and strengthening our brand and we will continue to work with a range of partners in the years to come.”