F1: Ferrari Team extends partnership with Shell after new contract agreement

Ferrari Formula One Team extends their decades long technical and commercial relationship with oil provider Shell with a new  a multi-year contract agreement on Thursday, 18th February.

Mattia Binotto Managing Director & Team Principal of Scuderia Ferrari Mission Winnow and István Kapitány Global Executive Vice President for Shell Mobility confirm the new agreement with a statement.

Mattia Binotto Managing Director & Team Principal Scuderia Ferrari Mission Winnow

“The relationship between Scuderia Ferrari and Shell dates back to 1929, the year our team was founded. In that time we have produced so many victories together. We are delighted therefore that our collaboration is now set to go on even longer.

We share many common values, not least excellence, passion for racing and teamwork, which have made this partnership unique in the history of motor sport.

As our Innovation Partner we will continue to work with Shell on the transfer of racing technology to mobility as well as the ambitious challenges that lie ahead in particular the aim of Formula 1 to reach a net-zero emissions level by 2030.”

István Kapitány Shell Global Executive Vice President for Mobility

“Our partnership with Ferrari has bred truly remarkable innovations – innovations that Shell regularly relies upon when developing new fuels and lubricants for our customers.

We’re now entering a very exciting time in our history together as we leverage this partnership to not only strive for success on the track, but also to develop cleaner fuels and lubricants for our customers.”