How much is the HP Ferrari deal?
Ferrari’s HP sponsorship deal matches Red Bull’s Oracle partnership: — Ferrari’s sponsorship deal with tech giant HP is reportedly worth $100 million annually, equaling Red Bull’s deal with Oracle as the largest sponsorship in F1. On 24 April 2024, the team announced a multi-year title partnership with HP Inc. E-sports and F1 Academy) as Scuderia Ferrari HP from the 2024 Miami Grand Prix onwards.In Miami, Ferrari announced a major partnership with HP. The American tech company even became title sponsor of the Scuderia, and for that they had to dig deep. In fact, HP has to transfer roughly $100 million annually to Maranello.
What is HP in Scuderia Ferrari HP?
The letters HP on the Ferrari car represent the Hewlett-Packard brand, indicating HP’s important role as the team’s main sponsor. Ferrari is an Italian company while Porsche is German and owned by Volkswagen Group.ALFA ROMEO rejected Enzo #Ferrari for a job he applied. Enzo built Ferrari into a $79 billion brand. Ferruccio #Lamborghini gave few advice to Enzo about his cars and he mocked him.
Who owns the $70 million Ferrari?
The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold to David MacNeil in a private sale for $70 million. Both Ferrari and Lamborghini have prices that reflect their luxury label, however, Lamborghinis tend to be more expensive when looking across the lineup. The most affordable Ferrari model begins at around $250,000 for the latest 2024 Ferrari Roma.
Who owns Ferrari now?
Ferrari Shareholders: What Company Owns Ferrari? The primary owner of Ferrari is the investing public, while Piero Ferrari — Enzo’s second son — also holds a significant ownership stake, with Exor N. V. Who Owns Ferrari Today? After restructuring to establish Ferrari N. V. Ferrari Group, FIAT Chrysler Automobiles (FCA) sold 10% of their shares and distributed their remaining 80% of shares among FCA shareholders. Ferrari was and continues to be owned by Piero Ferrari (son of Enzo).Fiat acquired a 50% stake in Ferrari, which brought more money for investments into new models. Fiat increased its ownership to 90% of Ferrari, and Enzo retained a 10% stake. Enzo Ferrari passed away at the age of 90.