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Ferrari terminate Velas F1 sponsorship deal

Por: ESPN Sports January 12, 2023

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Ferrari have terminated a Formula One sponsorship deal with Swiss blockchain technology company Velas, the team said on Thursday.The Zug-based company became a partner of the Italian racing team last season, with branding prominent on the cars' rear wings, as part of a multi-year deal.Velas was also title sponsor of Ferrari in the F1 Esports Series.Unfortunately, the agreement with Velas has been terminated early by us, Ferrari said on... + full article



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