The Spanish bank were in partnership with the team between 2010-17, before returning to the Italian outfit in January 2022. Having now split with the brand again, another sponsor spot became available and Ferrari have now announced their new partnership with another banking company.
The Maranello-based outfit have swiftly moved on from Santander too, as in a statement on the team's website, they confirmed: "Ferrari announces that, effective January 1, 2025, UniCredit S.p.A. will partner with Ferrari S.p.A., its wholly-owned subsidiary, to be at its side in its Formula 1 racing activities under a multi-year agreement."
The statement revealed it would be a multi-year agreement starting from 2025, but no further announcement was made regarding what type of sponsorship deal will be in place.
The UniCredit Group have previously sponsored multiple tennis tournaments, and were the main sponsor for the UEFA Champions League from 2009 to 2018.
It will be a brand new look for the Ferrari team heading into 2025, with a new sponsor and the arrival of a seven-time world champion.