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Ferrari teams up with forex broker EightCap

Formula One motor-racing team Ferrari has sealed a sponsorship deal with Australian forex and CFD broker EightCap.

The partnership will cover the 2019 and 2020 F1 seasons and grants EightCap brand exposure on the front wings of Ferrari’s cars.

EightCap will be the only Australian company to be partnered with Ferrari ahead of the season-opening grand prix in Melbourne next month.

Australian F1 driver Daniel Ricciardo, who races for Renault, also serves as an official brand ambassador of EightCap.