NEW YORK, Nov. 20, 2012 /PRNewswire/ -- Jorge Moran, President & CEO of Sovereign Bank, and Santander U.S. Country Head today joined with Fernando Alonso, Scuderia Ferrari Driver, to ring The Closing Bell at the New York Stock Exchange (NYSE) to highlight their support of the American Red Cross Hurricane disaster relief efforts. Sovereign-Santander donated $250,000 to the American Red Cross to help those who have suffered as a result of the storm and will match up to $500,000 for all donations made in Sovereign-Santander branches by team members and clients of the bank. (Photo: http://photos.prnewswire.com/prnh/20121120/PH17351 ) "Our hearts go out to those who have suffered from the devastation caused by Hurricane Sandy," said Moran, who toured this morning the effects of the Hurricane in the Barrier Islands of New Jersey as well as last week in Staten Island, New York. "We are grateful for the opportunity to support the American Red Cross as they bring relief to the victims of this natural disaster, and we are honored to be here in New York to further support these efforts." Over the weekend in Austin, Texas, Ferrari North America auctioned off a F12 Berlinetta to raise money for Hurricane Sandy relief to benefit the American Red Cross. The Berlinetta is the fastest and most powerful production car ever launched by Ferrari, and officially goes on sale in the second quarter of 2013. Following the 4:00 p.m. bell ringing, Moran presented Josh Lockwood, CEO of American Red Cross of Greater New York Area with a $250,000 donation to the Red Cross Hurricane Disaster Relief Fund. Sovereign-Santander also announced that through Santander's relationship with Scuderia Ferrari and Fernando Alonso they will be auctioning off Fernando's signed helmet online next week with all proceeds being donated to the American Red Cross. "These donations are part of our commitment to helping those in need in the communities throughout Sovereign-Santander's footprint and beyond," said Moran. We hope these donations will help bring life back to normal for so many people", said Moran.