Tag: Formula
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LVMH and Formula One announce 10-year partnership
Liberty Media-owned Formula One and luxury giant LVMH are entering into a 10-year partnership, according to a joint press release from the companies Wednesday afternoon. The partnership will officially launch at the start of next F1 season and will include “hospitality, bespoke activations, limited editions and outstanding content.” The official arrangement will not be the first time…
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Daniel Ricciardo loses his seat in Formula 1 as Red Bull executes mid-season shakeup
Formula 1 driver Daniel Ricciardo was dismissed Thursday by the Red Bull Racing junior team effectively immediately, ending his second stint in the sport with an unusual mid-season departure. It’s unclear what the future holds for the beloved Australian driver, who is an eight-time race winner over 14 years in the sport. Ricciardo has become…