Ferrari extends deal with Shell
|Thursday, March 25th 2010, 08:42 GMT|
The Ferrari team has renewed its technical and commercial agreement with Shell for the next five years.
Ferrari's new deal means the Italian squad will be working with Shell at least until the end of 2015.
The announcement coincides with the 450th grand prix Ferrari has raced in using Shell fuels and lubricants.
"The extension of our relationship with Shell up to the end of 2015 is yet another step in the Scuderia's plan to strengthen its long term future and is also a clear sign of continuity and the confidence placed in Ferrari by a company that is a world leader in its field," said team boss Stefano Domenicali.
"Shell has been with the Scuderia from the year it was established in 1929 and has played a significant role in many of our successes.
"Striving for excellence, a passion for competition, team work, technology transfer from track to street: these are the values we share with Shell and which characterise what is a unique partnership in the history of motor sport."