Fernando Alonso completed his first week in the new Ferrari F138 by topping the times on the third day of testing in Barcelona, ahead of Nico Hulkenberg and Romain Grosjean. Alonso – who is handing the car over to Felipe Massa tomorrow for the final day of the test – used today as a chance to show his team’s pace on the soft compound tyre, completing a number of single-lap runs during the morning session. His time today was within 1/10th of Sergio Perez’s time yesterday, and half a second quicker than Alonso managed in Q3 of qualifying last year. More…
[Updated] UPS the leading logistics business has come into F1 as a partner of the Ferrari team. Although no figure was given for the value of the deal, its is described as a “long-term deal”. It follows Rolex, Emirates and Blackberry as well as Experian (announced today on the Williams) as the fifth global brand to enter F1 over the off-season, a very encouraging sign for the sport. Based in America, UPS has been involved in motorsports sponsorships for 12 years, but this is the first time it has come into F1. The deal was announced this morning in Barcelona, More…
It’s been quite a day for Ferrari; first it was named as the world’s most powerful brand in a report by industry experts Brand Finance, then it announced the best sales figures in 66 years of trading, despite a savage downturn in sales in its home country Italy. Global sales for 2012 topped €2.4 billion, a rise of 8% on 2011 values and the company sold 7,318 cars, and increase of 4%. Net profits rose by 17.8% to €244 million. Although Italy sales were down over 40%, the company enjoyed record sales in USA, China, Germany and Great Britain, where More…
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