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Ferrari changes name of F1 team after profitable partnership with technology giants valued at $27 billion.

Carl Smith by Carl Smith
April 24, 2024
in Motorsports
Reading Time: 2 mins read
0
Ferrari muda nome da equipe de F1 após parceria lucrativa com gigantes da tecnologia avaliada em US$ 27 bilhões.

Ferrari is a highly respected name in the world of F1 racing. It holds a significant place in the history of motorsports and is sought after by brands and drivers. Recently, it was announced that Ferrari has partnered with Hewlett-Packard (HP), resulting in the team being renamed as Scuderia Ferrari HP starting from the Miami GP.

HP is a well-known brand in the technology industry, while Ferrari is renowned in the world of motorsports. Both giants have achieved immense success in their respective fields and this collaboration will further enhance their trajectories. The partnership between HP and Ferrari is rumored to be on a scale similar to that of Oracle and another company.

In an exciting development, Ferrari and HP announced a new title partnership. The team has signed a multi-year agreement and will now officially compete as “Scuderia Ferrari HP” in the world of F1. The SF-24 and its drivers will display the new name at the upcoming race in Miami, where the team plans to unveil a blue livery to celebrate its 70th anniversary in North America, the birthplace of HP.

The deal with HP has undoubtedly brought joy and celebration to Maranello, the home of Ferrari. The CEO of Ferrari expressed satisfaction and looks forward to a sustainable future with their new American sponsor. He emphasized that both HP and Ferrari share similar values and a focus on sustainable development for the good of the future. This alignment of principles made the collaboration with the American technology company a fitting choice.

HP now joins a prestigious list of title sponsors that Ferrari has had over the years. It will be interesting to see if this partnership goes beyond just sponsorship and if HP plays a role in the technical development of Ferrari cars in Maranello.

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