A big yachting company just made a huge announcement. Riva is now part of Formula 1 Racing. The italian brand will be Scuderria Ferrari’s official sponsor at this year’s World Championship. The patronization was officially revealed in Maranello during the presentation of the new Ferrari SF16-H car, which will compete in the next Formula 1. They will be cooperating together for the first time on the whole Formula 1 circuit.

Formula 1 Racing

Alberto Galassi, CEO of Riva’s company Ferretti Group, said: “An icon of recreational boating meets the most exceptional Formula 1 team, giving birth to an unmatched duo, a legend meeting another legend, racing together on Formula 1 circuits and cruising the seas worldwide.

We are truly proud to be writing a new chapter of Riva’s glorious history together with Ferrari, thereby renovating a collaboration that, in the past, led to true sea jewels . The exclusive cooperation between Riva and Scuderia Ferrari brings together two icons of style and technological innovation, which everyday thrill speedboat and car racing enthusiasts are following all over the world.”

The World Championship will host 21 Grand Prix races. The Riva logo, an aquamarine background, will be visible on the helmets of Sebastian Vettel and Kimi Raikkonen, Ferrari’s two drivers. The first Grand Prix race is the Australian one and will take place from 18 to 20 March in Melbourne.