Ferrari Seal £80m Title Sponsorship Deal with HP, Rivaling Red Bull’s Oracle Partnership

Ferrari is set to announce Hewlett-Packard (HP) as its new title sponsor ahead of the Miami Grand Prix, reportedly worth up to £80.4 million ($100m) per year. This deal will provide a significant financial boost to the team and rival Red Bull’s Oracle sponsorship, which is valued at approximately £402 million ($500m) over five years. HP’s involvement marks Ferrari’s first title sponsorship since the controversial Mission Winnow deal ended in 2021. The American technology company has recently expanded its presence in sports sponsorships, becoming the first-ever sleeve sponsor of Real Madrid and partnering with Williams and Sauber in F1. Ferrari’s new injection of cash will help offset the financial burden of replacing Carlos Sainz with Lewis Hamilton in 2025, a move that is expected to cost the Scuderia around £70 million ($87m) in that year alone.

Max Verstappen Continues to Dominate Formula 1

Max Verstappen has been unstoppable in recent seasons, with his dominance continuing in the 2023 Formula 1 season. The Red Bull driver has won five of the first seven races, with his only defeat coming at the Monaco Grand Prix, where he retired due to a mechanical issue. Verstappen’s closest rival, Sergio Perez, is over 40 points behind in the championship standings, and it seems inevitable that Verstappen will win his second consecutive world title. Red Bull team principal Christian Horner has praised Verstappen’s performances, saying that he is ‘in a class of his own’. Horner also warned that Red Bull’s dominance will not last forever, and that they are taking nothing for granted.

Sergio Perez Leads Drivers at Risk of Race Ban with Eight Penalty Points

Red Bull’s Sergio Perez currently holds the highest number of penalty points among Formula 1 drivers, with eight accumulated over the past 12 months. Williams’ Logan Sargeant is also on the same tally, placing both drivers on the verge of a one-race suspension if they reach 12 points within the period. Lance Stroll of Aston Martin has recently joined the top three with seven penalty points, while his teammate Fernando Alonso has six. Notably, seven drivers, including those from Ferrari, McLaren, and Alpine, have maintained a clean slate after the first five races of the season.

Miami GP: Christian Horner Praises Event Atmosphere, Calls for Track Improvements

Ahead of the 2024 Miami Grand Prix, Red Bull team principal Christian Horner has described the event as a ‘great event’ despite not being the ‘best racetrack’. Acknowledging the dip in viewership last season, Horner believes the introduction of a sprint race weekend will enhance the excitement. However, he suggests that the Miami GP could become even more ‘special’ by incorporating the Hard Rock Stadium into the track layout.

Ferrari’s Team Dynamics Take Center Stage After Disappointing Chinese GP

Ferrari’s strong start to the 2024 Formula 1 season hit a bump in the road at the Chinese GP, as the team failed to finish on the podium for the first time this year. Instead of focusing on their rivalry with Red Bull, the spotlight was on the internal battle between drivers Charles Leclerc and Carlos Sainz, marked by incidents in both the Saturday Sprint and Sunday’s Grand Prix.
Leclerc accused Sainz of pushing too hard in their fight for fourth in the Sprint, leading to contact between their cars. In the main race, Sainz felt disadvantaged when Leclerc forced him wide at the start, costing them both positions. Sainz’s frustration stemmed from knowing that he will be replaced by Lewis Hamilton in 2025, raising questions about his motivation. Commentator David Croft suggested that Ferrari may need to speak to their drivers again to emphasize that their duels must not harm the team’s overall performance. Croft also pointed out that McLaren’s strong showing in China means Leclerc and Sainz cannot afford to take each other out. Despite the disappointing result in Shanghai, Leclerc remains hopeful about Ferrari’s upcoming car update, which he believes could be a game-changer. The new package is expected to arrive in time for the Miami GP, the season’s second consecutive Sprint weekend.

Sergio Perez’s Red Bull Future Uncertain as 2025 Driver Market Heats Up

The Formula 1 driver market is heating up ahead of the 2025 season, with several top drivers’ contracts expiring. Sergio Perez, who has been with Red Bull since 2021, is among those whose future is up in the air. Perez had initially wanted a three-year extension, but Red Bull adviser Helmut Marko says the team is not yet in a position to make any decisions. Red Bull has a number of options for the 2025 season, including current Ferrari driver Carlos Sainz. Perez’s performance in the next few races could play a key role in determining whether he gets a new contract with the team.

Red Bull’s Horner Rejects ‘Boring’ F1 Label Amid Dominance

Red Bull team principal Christian Horner has defended his team against accusations of making Formula 1 boring, despite Lando Norris’s concerns about a lack of competition.

Norris, who finished second to Max Verstappen in Shanghai, expressed fears that Verstappen’s dominance could be turning off fans. However, Horner believes that Verstappen’s success should be appreciated as a ‘golden moment’ in F1 history.

Verstappen has won four of the five Grands Prix held so far this year and has a vice-like grip on the sport, with 21 victories from the last 23 races. Norris acknowledged that it can be frustrating for fans, but believes that rule changes to curb Red Bull’s advantage are out of the question. He emphasized the importance of different teams having their own unique approaches to make F1 special.

Verstappen Promoted to Red Bull at Spanish GP

Max Verstappen’s career took a major step forward in 2016 when he was promoted to the Red Bull Formula 1 team for the Spanish Grand Prix. The move came after Verstappen impressed with his performances for the Toro Rosso junior team, and he has since gone on to become one of the most successful drivers in the sport.

Verstappen’s Dominance Frustrating for F1 Fans, Admits Norris

Max Verstappen’s continued dominance in Formula 1 has become a source of frustration for fans, according to McLaren’s Lando Norris. Norris, who finished second to Verstappen in the Chinese Grand Prix, said that the sport has become predictable with the Dutchman winning consistently. Norris praised Verstappen’s skill and the dominance of Red Bull’s car, but he also suggested that no other driver would be able to match Verstappen’s level of performance. Norris, who is still seeking his first F1 win, is currently the top driver outside of Red Bull and Ferrari in the standings. The next F1 Grand Prix weekend takes place in Miami from May 3-5.

Formula 1 2024 Season: Max Verstappen Dominates, Lewis Hamilton Still Striving for Victory

The 2024 Formula 1 season has commenced with Max Verstappen maintaining his reign as the top driver. After breaking records in the previous season, Verstappen has already secured four victories in the current campaign, dominating the Japanese and Chinese Grands Prix. Despite Lewis Hamilton’s efforts to seize his first win since 2021, Verstappen’s persisting dominance has prevented him from securing a victory.

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