Ferrari Set For Big-Money F1 Title Sponsor Deal?

240029 Scuderia Ferrari Chinese Gp Friday Eebf5f0a 5c9d 4370 Bfb8 A9cdc6f45f01
240029 Scuderia Ferrari Chinese Gp Friday Eebf5f0a 5c9d 4370 Bfb8 A9cdc6f45f01

Ahead of Lewis Hamilton‘s arrival at Ferrari, the fabled Italian Formula 1 team is now tipped to sign a lucrative deal with a title sponsor.

Ferrari has not had a title sponsor since the ‘Mission Winnow’ project involving ongoing but behind-the-scenes tobacco backer Philip Morris.

But before Hamilton arrives with salary requirements that no doubt dwarf that of his predecessor Carlos Sainz, Sport Business reports that Ferrari is set to announce a title sponsor deal with Hewlett-Packard (HP).

“Driver salaries do not count against Formula 1’s ‘cost cap’,” explained F1 correspondent Matthew Williams, “allowing teams an unlimited spend on star acquisitions.”

Sport Business said sources are reporting that the annual value of Ferrari’s HP deal is “comparable” to Red Bull’s title sponsorship with Oracle – another technology company.

Ferrari and HP are yet to comment.

Comments

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in News

F1 Grand Prix Of Austria

McLaren Dominate With 1-2 Finish In Austria

After a gap of 25 years, McLaren has finished first ...
ImolaGP GP F1 2025 on May 16 2025 at Imola, Emilia Romagna - Formula 1 Valtteri Bottas driver for Sauber — Photo by PitShots.com

Valtteri Bottas Says July Is His 2026 Comeback ‘Deadline’

July will be a critical month for Valtteri Bottas, the ...
Formula 1 2022: Austrian Gp

Formula 1 To Continue Racing In Austria On Long-Term Deal

The iconic Austrian Grand Prix will remain on the Formula ...
F1 Grand Prix Of Austria Qualifying

A Super Spielberg Saturday For Lando Norris

Lando Norris secured pole position, the twelfth of his career, ...
F1 Grand Prix Of Canada

McLaren Driver Equality Is ‘Playing With Fire’

As far as championship leader Oscar Piastri is concerned, he ...

Trending on F1 Chronicle