Ferrari Partners With Velas Network To Create Digital Content For Scuderia's Fans

Ferrari NV RACE said its professional sports team, Scuderia Ferrari, will partner with a Swiss blockchain technology company, Velas Network AG, from next season.
The multi-year agreement provides for the creation of exclusive digital content for the Scuderia's fans.
Velas will be the title sponsor of the Ferrari Esports Series, the online mono-brand series of the Prancing Horse, and of the Esports team that will compete in the F1 Esports Series.
Price Action: RACE shares closed higher by 1.10% at $253.46 on Thursday.