Ferrari (NYSE:RACE) to Wear ADM (NASDAQ:AMD) Logo on F1 Cars
AMD (NASDAQ:AMD) has announced a multi-year sponsorship with Scuderia Ferrari’s racing program.
According to the agreement, effective a the beginning of the Y 2018 F1 season, the AMD logo is visible on the nose of the SF71H F1, on the driver’s helmets, as well as on the arm of the pit-crew overall and the official trucks.
As part of the collaboration AMD will also be making available their technology portfolio to Scuderia Ferrari F1 racing program.
“The AMD passion for high-performance computing products perfectly matches with Scuderia Ferrari’s dedication to high-performance racing leadership,” said John Taylor, CMA at AMD. “Scuderia Ferrari is a world-class innovator and brand. We are excited to partner with them in linking our high-performance brands to accelerate the strong momentum around our products.”
AMD is a driver of innovation in high-performance computing, graphics and visualization technologies ”the building blocks for gaming, immersive platforms and the data-center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD website here.
|NYSE:RACE||124.89||18 April 2018||-0.34||124.19||125.44||124.12||298,811|
|HeffX-LTN Analysis for RACE:||Overall||Short||Intermediate||Long|
|Neutral (0.13)||Neutral (0.15)||Neutral (0.23)||Neutral (0.01)|
Latest posts by Paul Ebeling (see all)
- Asia: Gold, USD, Crude Oil, Stocks & Commodities - June 20, 2019
- Market Technicals Signaling Fed to Cut Rates Soon - June 20, 2019
- Powell Says He Will Not Step Down If President Trump Demotes Him - June 20, 2019