The song tells the story of the title characters. Fernando is a guitarist from Santiago in love with a girl in San Antonio (the exact locations of the two cities is never made clear, and the names may simply be generic Spanish locations, however there is a Santiago and a San Antonio in Chile), whom he drives to see every evening. Filippo's occupation is never made clear, however he also makes a similar trip despite the handicap of apparently not having a car. Eventually, Fernando's lover leaves him for Filippo. Scott also recorded the song in English and Spanish, as "Fernando and Filipo" and "Fernando y Felipe".
The song is memorable as featuring the first nonsense refrain in Dutch Eurovision history, a series of nonsense syllables appearing at the beginning and end of the lyrics, usually transcribed as; "Tong-ki tong ti-ki kong-kong-kong/Ri-ki kong-kong-kong ti-ki kong-kong".