Ferrari have renewed their partnership with Shell – an association that dates all the way back to 1929.
The multi-year technical and commercial agreement will see Ferrari work together with Shell, their Innovation Partner, not only in pursuit of F1 success but also in helping to define future engine regulations which are next set to change in 2025.
The relationship between the two companies has already resulted in 10 constructors’ F1 World Championships and 12 drivers’ titles.
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.”
Over 70 years together.
— Scuderia Ferrari (@ScuderiaFerrari) February 18, 2021
Istvan Kapitany, Shell’s Global Executive Vice-President for Mobility, added: “Our partnership with Ferrari has bred truly remarkable innovations – innovations Shell regularly relies upon when developing new fuels and lubricants for our customers.
“We are 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.”
In their own press release, Shell said the “next exciting chapter in this partnership” will also include “developing and implementing solutions that will support in reducing the team’s carbon footprint, helping them to achieve their broader sustainability targets”.
They added that Scuderia Ferrari and Shell will continue to work together to improve the team’s V6 turbo-hybrid power unit, which already has a thermal efficiency of close to 50%, making it one of the most efficient engines in the world.
The two companies will also work hand-in-hand to define how fuels can be developed for the future, including advanced sustainable biofuels and synthetic liquid fuels, both of which are being explored to help meet Formula 1’s goal of fully sustainable fuels in the cars.
These learnings and technologies, put to the test on the track, could eventually be used to reduce emissions from road transport.