Alonso-Ferrari rumours return

Posted on | Author Keith Collantine

Fernando Alonso is still being touted as a future Ferrari driver despite the Italian team having signed up Kimi Raikkonen and Felipe Massa until the end of 2010.

Spanish Banco Santander apparently wants to get back together with Spain’s F1 hero Fernando Alonso. Dieter Rencken in the Autosport Journal (sub. req.) explains how Alonso might yet elbow Raikkonen aside:

Would Santander be satisfied with the patently underperforming Kimi when it really craves Fernando as logo bearer? If rumours doing the rounds after Alonso’s sensational win in Singapore have any legs, Santander could see its wishes fulfilled sooner rather than later.

Allegedly the bank has offered to buy out the full balance of Raikkonen’s contract (two years at an estimated $50m per annum) and fund Alonso’s similar demands for the same period – in addition to its title sponsorship of the Italian team, and at least two race sponsorships.

According to the source the deal has already been done, and could be announced within weeks…

But Alan Henry writing for Autocar reckons Santander will stick with McLaren because of the PR value of Lewis Hamilton:

Abbey is to be entirely re-branded Santander over the next couple of years, as will be the recently-acquired Alliance & Leicester and Bradford & Bingley businesses.


You have to ask yourself the following question: if you were planning a renewed commercial assault on UK High Street business over the next couple of years, would you want it based around Felipe Massa? Kimi Raikkonen? Or Lewis Hamilton?

Where Santander choose to put their money could have a significant bearing on who gets some of F1’s most coveted drives in the future.

F1 2009 season
2009 F1 drivers and teams

34 comments on “Alonso-Ferrari rumours return”

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  1. is santander out of global economy?

    a bad joke at a bad moment

  2. If Santander is anything like S/African banks , meaning they can get away with charging anything they wish for bank charges , then it would indicate they have limitless funding , which would make above figures look about as significant as a pimple on an elephants backside.

    Nope, they’re just like every other bank out there, apparently. Reuters is reporting this from European trading this morning, and it makes for some gloomy reading.

    At 3:13 a.m. EDT, the pan-European FTSEurofirst 300 index was down 8 percent at 847.8 points, after hitting its lowest level since July 2003. The index has fallen more than 22 percent so far this week, on track for its worst week on record.

    Battered banks led the decline, with Barclays off 15.6 percent, Santander down 9.8 percent and HSBC down 4.3 percent. Oil shares also tumbled, with BP and Royal Dutch Shell down 8 and 5.9 percent, respectively, as crude fell 4.6 percent.

    Let’s see… Shell supplies fuel to Ferrari, HSBC does trackside advertising, Santander is a HUGE McLaren (or possibly future Ferrari) sponsor, and of course, there’s Barclays… you know, the bank that ended up absorbing Lehmans F1 shares.


  3. Alejandro – Yep, but that was before Raikkonen signed up for another year.

    Ronnie – “I think you want to put Ferrari in trouble”, how does this rumour ‘put Ferrari in trouble’?

    Journeyer – It’s hard to think of many companies that wouldn’t be affected by the current crisis. Might have to do an update of this post soon: The worst–case scenario

  4. 2009 Alonso in TR
    2010 Alonso in TR
    2011 Alonso in Ferrari

    Hope kubica joins ferrari some day….. :-)

  5. More from

    The pages of Le Monde in Paris are rarely filled with Formula 1 stories, but an interview yesterday with banker Emilio Botin of Spain’s Santander served to confirm rumours that have been kicking around in F1 circles for some weeks.

    “On the F1 scene,” the article said, “his business sponsors the Spanish driver Fernando Alonso and, soon, the red cars of Scuderia Ferrari.”

  6. Well, spanish banks do not work the same way as the british, and is very very unlucky of a spanish bank to go bankcrupt (at least not as luckyly as a british one) and Santander is gaining a lot thanks to bank/credit crisis in UK, buying other banks.
    Any more info, just find out by yourself before you comment on it!!!

    If Santander can afford it, it defenitely can, and it will bust this banks popularity as well

  7. So close to 200 million dollars are being spent on 2 drivers; who have won 3 races together over the entire year.

    Santander are looking to pull off another Lehmann Bros. it seems..

  8. Aaron Shearer
    10th October 2008, 19:18

    @ sumedh
    Yes they have only won three races between them this year, but Alonso is in a Renault and Raikkonen is in a ferrari. Spot the difference?

    The Ferrari this year has been good the same as the McLaren, The Renault has been crap to put it bluntly. So that is why Alonso has only won 1 race.

  9. Kimi should have at least 2 more wins.

  10. i think that it would be sad for Kimi to leave. Kimi gave Ferrari a championship win last year so practically that was all for nothing if they are going to kick Kimi out I definently won’t be watching if Kimi leaves Formula 1

  11. Probably not very likely anymore after the Madoff wall street swindel…

    “Santander Clients Have $3.1 Billion With Madoff”

  12. Marcus – Ouch!

  13. kimi and fernando is the perfect pairing for ferrari if this could be possible. massa could pair with hamilton. all this said, fernando could end up regretting not going to Red Bull for 2009! somewhere from the back of my mind tells me that red bull, bmw and ferrari will be fighting for this coming championship!!!!!!

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