- Ferrari NV RACE said its professional sports team, Scuderia Ferrari, will partner with a Swiss blockchain technology company, Velas Network AG, from next season.
- The multi-year agreement provides for the creation of exclusive digital content for the Scuderia's fans.
- Velas will be the title sponsor of the Ferrari Esports Series, the online mono-brand series of the Prancing Horse, and of the Esports team that will compete in the F1 Esports Series.
- Price Action: RACE shares closed higher by 1.10% at $253.46 on Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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