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McLaren extends Santander sponsorship until 2020

Clive Mason/Getty Images

McLaren has received a sponsorship boost by announcing the extension of its partnership with Santander.

Santander has been partnered with McLaren since 2007 and has extended that deal until the end of 2020. McLaren is still without a title sponsor and recently lost long-time partner TAG Heuer to Red Bull as part of the Milton Keynes team's engine plans for next year.

Ekrem Sami, managing director of McLaren Marketing, said: "Our renewed partnership demonstrates a well-founded belief in the team's ability to successfully activate brands around a shared, common vision for the future. I look forward to developing the relationship and hope to see it continue to go from strength to strength for both brands."

Button says he is pleased to work with Santander due to the other passions he has away from Formula One.

"I'm really pleased to continue working with Santander, as is everyone at McLaren-Honda," he said. "We've enjoyed a great partnership to date and I look forward to that continuing. While first and foremost I'm a racing driver, I'm also a passionate cyclist, and so I'm looking forward to doing more with Santander Cycles and helping encourage more people to get involved."