This is because Ferrari’s F1 costs are partially offset by its £160m of prize money, sponsorship and income from leasing its engines to other teams. The filings state that Ferrari generated £ ...

Ferrari have terminated a Formula One sponsorship deal with Swiss blockchain technology company Velas, the team said on Thursday. The Zug-based company became a partner of the Italian racing team ...

Jan 12 (Reuters) - Ferrari have terminated a Formula One sponsorship deal with Swiss blockchain technology company Velas, the team said on Thursday without giving details. The Zug-based company ...

Mattiacci was replaced by Maurizio Arrivabene, the former vice-president of global communications for Philip Morris - the tobacco giant and long-time sponsor of Ferrari. Mattiacci, the former head ...

Ferrari could face a major £45.5million dent through the loss of two major sponsors on the eve of the new campaign, according to RacingNews365. Reports suggest the Scuderia will not continue its ...

MARANELLO, Italy — Carlos Sainz Jr. believes he has “plenty of options” in Formula 1 next year when he leaves Ferrari to make way for Lewis Hamilton, the Spaniard said Tuesday. Hamilton is ...

You can find her at X @LMeeMotorsport. The Scuderia Ferrari Formula One team is expected to announce a landmark title sponsorship deal with global technology giant Hewlett-Packard (HP).

Ferrari announced on Wednesday they’d signed a “multi-year” title sponsorship deal with HP that will see the team officially called ‘Scuderia Ferrari HP’. Based on the agreement ...

This collaboration solidifies HP’s position as the new title sponsor of Ferrari’s motor racing team. The partnership between Ferrari and HP was unveiled in a joint statement although financial ...