Home of F1 News: Ferrari could lose Shell: “It's also suggested that oil company 'Total' CEO Thierry Desmarest may be looking to buy the 'Royal Dutch/Shell' Group.” (ShellNews.net)

14 September 2004

Posted 15 Sept 04

Ferrari could lose petrol sponsor Shell in 2005.

Sources at Monza on the weekend said the 'Royal Dutch'-owned company is beginning to sell various interests around the world.

It's part of a global company overhaul, one source insisted.

Rumour also said Shell over-estimated oil reserves, meaning that large sponsor deals - like the $53m Ferrari one - may have to go.

It's also suggested that oil company 'Total' CEO Thierry Desmarest may be looking to buy the 'Royal Dutch/Shell' Group.

Spain's 'Repsol' is the most likely oil replacement at Ferrari.