Ferrari look set to lose major sponsor Santander.
El Confidencial reports that the Spanish bank's chief Ana Botin has decided against extending the €40m-per-year deal.
"According to sources close to the talks, Santander rejected Ferrari's proposal to continue as the main partner after eight years," the report said.
The publication explained that although those talks did not go well, the company could actually stay at Ferrari as a minor sponsor.
Ferrari ended the 2017 championship 146 points behind winners Mercedes.
