SKF renews partnership agreement with Scuderia Ferrari

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SKF has renewed its partnership with Scuderia Ferrari making it the longest ever uninterrupted partnership in Formula One history.

The partnership, which started in 1947, has resulted in many wins for Ferrari, most recently with Fernando Alonso’s amazing win during the recent European Formula One Grand Prix.

Marking the superb driving performance of the Spanish driver, who is first in the Championship’s Driver listings, SKF celebrates the value of its well-established engineering services. The collaboration results in almost a hundred different SKF components, from standard to specialized bearing units mounted on the Formula One car.

SKF has been active in the motor sport industry for more than sixty years and strongly believes in the development of solutions dedicated to the racing field. Through the technical collaboration renewed until 2015, SKF works closely with Scuderia Ferrari in the development of cutting edge technologies in the areas of material, lubrications, and condition monitoring all related to high-speed systems. SKF later transfers these into solutions for the general automotive industry.

The solutions developed and provided to Scuderia Ferrari include bearings for wheel ends, suspension, transmission, gear applications and KERS, a Kinetic Energy Recovery System.

Gothenburg, 5, July 2012

Aktiebolaget SKF
(publ)

For further information, please contact:

PRESS: Rebecca Janzon, Director, Press Relations
tel: +46 31 337 2400, mobile: +46 727-173880, e-mail: rebecca.janzon@skf.com

INVESTOR RELATIONS: Marita Björk, Head of Investor Relations
tel: +46 31-337 1994, mobile: +46 705-181994, e-mail: marita.bjork@skf.com

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide. Annual sales in 2011 were SEK 66,216 million and the number of employees was 46,039. www.skf.com

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