Houston, TX – Royal Dutch Shell (Shell) was awarded the prestigious 2010 President’s Prize by Ferrari "for ongoing successful technical collaboration."
The prize was given to Shell in recognition of its work with Ferrari in both the Formula One and road car arenas, and is based on product technical quality, results, relationship excellence and superior cooperation. It is the second time that Shell has received this prize since 2007.
Ferrari’s President, Luca di Montezemolo, presented Shell with the prize at the traditional Ferrari Podio event in Ferrari’s hometown of Maranello. Attending the ceremony honoring Shell’s commitment to technical excellence were Andrew Foulds, Vice President Lubricants Technology, Shell Global Solutions, and Bruno Motta, Chairman of Shell Brands International.
The Ferrari President’s Prize is one of just four accolades presented by Ferrari within the Podio event. The winners are selected from over 250 partners and suppliers. Selection of the winners involves an exhaustive process in which all Ferrari departments are consulted.
John Bullock, Executive Vice President Retail, attended a special Ferrari event and spoke about the prize on behalf of Shell:
"Receiving the President’s Prize is a confirmation of the on-going success of our technical collaboration, spanning over sixty years."
Shell first began working with Enzo Ferrari in the 1930s and powered Ferrari to its first ever Formula One win at Silverstone in 1951. Today, over 50 Shell engineers contribute to the Shell Formula One research and development program with Scuderia Ferrari, working together to maximize performance and consumer benefits. The Shell trackside laboratory can be found at every Formula One race and analyses approximately 40 samples of Shell lubricant and fuel, reporting the engine conditions to Ferrari. While working with Shell, Ferrari has won ten Formula One Constructors’ Championships and 12 Drivers’ titles.