Ferrari ink Riva renewal

Yacht manufacturer continues on Maranello team’s 2017 livery.

Ferrari ink Riva renewal

Formula One giants Ferrari have extended their commercial agreement with luxury yacht manufacturer Riva.   

The Ferretti Group-owned company’s branding will continue to be present on the Maranello team’s race livery. It will also adorn the helmets and race overalls of Ferrari drivers Germany’s four-time world champion Sebastian Vettel and Finland’s 2007 world champion Kimi Raikkonen. 

The financial terms of the extended agreement were not released. 

"[This is] an extraordinary combination of two absolute icons like Ferrari and Riva,” Alberto Galassi, chief executive of the Ferretti Group. “Our agreement renews a link between houses that is unrivalled in history, popularity and ability to perpetuate their supremacy.”

The deal was announced during the recent Monaco Grand Prix where Ferrari enjoyed a dominant weekend, with a front row lock-out in qualifying followed by a Vettel race victory and a second place for Raikkonen.