Formula One team Scuderia Ferrari have announced a renewal with their 92-year-long partners Shell, aimed at working in advancements towards sustainability and technology.
With Ferrari dedicated to meeting Formula One's goal of running fully sustainable fuels, Shell will work at improving their cars V6 turbo-hybrid power units, as well developing other products to meet future engine regulations set to change in 2025.
The renewed partnership will also see Shell work with Ferrari on helping Formula One achieve its lofty ambitions of being net carbon zero by 2030.
Ferrari team principal Mattia Binotto said: “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 motorsport.
“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.”
Since the two companies have formed their collaboration, it has resulted in 10 constructors’ F1 World Championships and 12 drivers’ titles.
Author: Jake Wilkin