Ferrari inks deal with Mubadala.
Ferrari has announced that it has established a sponsorship agreement with the Mubadala Development Company.
The Mubadala logo will feature on the Ferrari cars that will compete in the FIA Formula One World Championship, as well as on the drivers' caps.
"We are pleased to have reached a sponsorship agreement with such a dynamic company as Mubadala, with whom we share important values such as the research into innovation and a passion for our work," said Ferrari CEO Jean Todt.
Ferrari has announced that it has established a sponsorship agreement with the Mubadala Development Company.
The Mubadala logo will feature on the Ferrari cars that will compete in the FIA Formula One World Championship, as well as on the drivers' caps.
"We are pleased to have reached a sponsorship agreement with such a dynamic company as Mubadala, with whom we share important values such as the research into innovation and a passion for our work," said Ferrari CEO Jean Todt.
"Furthermore, this agreement strengthens our ties with the Emirate of Abu Dhabi, where a Ferrari theme park is being created in a State located in a region in which interest in Formula 1 is growing ever stronger."
The agreement, which came into effect on January 1 2007, is currently for a three years period. The Mubadala Development Company is an investment company owned by the Government of the Emirate of Abu Dhabi.
