Ferrari Renews and Expands Partnership With Philip Morris (PM)
PMIPMI(US:PM) Yahoo Finance·2025-12-16 19:31

Group 1 - Philip Morris International Inc. (PM) is recognized as one of the 15 Best Blue-Chip Stocks with Growing Dividends [1] - Ferrari N.V. has renewed and expanded its partnership with Philip Morris, which will take effect on January 1, 2026 [2][3] - The new agreement designates Philip Morris as a Premium Partner of Scuderia Ferrari HP and Series Partner of the Ferrari Challenge Trofeo Pirelli [3] Group 2 - The partnership between Ferrari and Philip Morris has lasted over 50 years, emphasizing a long-standing collaboration [4] - Stefano Volpetti, President of Smoke-Free Products at PMI, highlighted the commitment to innovation and the replacement of cigarettes through this partnership [4] - Philip Morris operates in over 180 countries, with Marlboro being its most recognized brand [5]