Following a title sponsorship deal earlier this year, Ferrari will be bringing another significant sponsor on board from 2025 onwards.

"With Scuderia Ferrari HP’s great experience in Formula 1 and IBM’s cutting-edge technology, the aim of the partnership is to redefine digital transformation for what is related to fan experience and fan engagement both on and off the race track."

Former F1 supremo Bernie Ecclestone believes Lewis Hamilton will not win another world championship ahead of the Mercedes star’s move to Ferrari next year. Seven-time F1 world champion Hamilton will leave the Silver Arrows – where he has won six of his titles – at the end of the season ahead of his highly-anticipated move to the Scuderia in 2025.