On Sunday, September 6, it was announced that Shell, the maker of oil-based products such as Shell Tellus S2 M 32, has extended its Formula One partnership with car giant Ferrari for at least five more years.
The Anglo-Dutch oil company has had a strong relationship with the Italian sports car team going as far back as the 1920s when Shell was the official sponsor for racing driver Enzo Ferrari – the entrepreneur who founded the Scuderia Ferrari Grand Prix motor racing team, as well as the Ferrari automobile marque.
In a statement released by the company, Ferrari principal Maurizio Arrivabene said:
“Signing this contract is a further step forward in terms of stability and we are happy to have extended our collaboration with Shell. Historically, engines are the cornerstone of our company and that means all the work we do with Shell starts from our history as an engine builder.”
The deal will see the two companies work more closely together than they have done in previous years.
As well as providing Ferrari with fuels and lubricants, Shell has agreed to provide 50 full time technical staff and around 21,000 working hours to Ferrari each year that they remain in the partnership, with a view to winning an 11th Constructors’ Championship title, which would be a feather in the cap of both the Scuderia Ferrari team and the team at Shell, whose innovations in oil and lubricant technology has helped the team to be so successful.