Zhou lands reserve role at Ferrari, Hamilton partnership fuels CFI’s $1.12t surge, and other big updates

Zhou lands reserve role at Ferrari

Zhou Guanyu will join Ferrari as one of its reserve drivers for the 2025 Formula 1 season. After a tough 2024 season with Sauber, where he scored points only in Qatar, Zhou was not retained for the next year. Zhou was part of Ferrari's Driver Academy in 2014 before switching to Renault's program. After leaving Sauber last year, Zhou received reserve driver offers from several top teams seeking a reliable backup amid F1's demanding schedule.

Click here to read the full article by Jake Boxall-Legge (motorsport.com)

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Hamilton partnership fuels CFI’s $1.12t surge

CFI Financial Group has recorded $1.12 trillion in trading volume for the fourth quarter, up from $1.03 trillion in the previous quarter. The company’s second-half trading volume grew by 140% compared to last year, with more active clients and higher client deposits. This growth was boosted by partnerships, including one with Formula 1 driver Lewis Hamilton, whose global influence helped increase brand visibility. CFI also expanded to Azerbaijan and South Africa and opened a new office in Sharjah, UAE. 

Click here to read the full article by Damian Chmiel (financemagnates.com)

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Moët & Chandon returns to F1 podium

Moët & Chandon will return to F1 podium celebrations in 2025 after signing a 10-year, €1 billion deal with LVMH. The brand was F1's official champagne from 1966 to 1999 and made a brief comeback in 2020. The top three drivers and a representative from the winning team will spray Moët & Chandon after most races. F1 president Stefano Domenicali welcomed the return and celebrated the strong link between Moët & Chandon and the sport.

Click here to read the full article at racingnews365.com

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Why tickets are so pricey

Formula 1 is the most expensive sport in the world, so it’s no surprise that tickets come with a hefty price tag. But what really drives the high cost? A big reason behind the steep ticket prices is the massive expense involved in hosting an F1 race! Each event also comes with a required licensing fee paid to F1.

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What the rookies don’t tell you

What do Jack Doohan, Kimi Antonelli, Liam Lawson, Gabriel Bortoleto, Isaac Hadjar, and Oliver Bearman all have in common? For starters, they’re all rookies. But it doesn’t stop there. Doohan, for example, might have become a pro biker like his dad, Mick, if he hadn’t broken his leg years ago. Hadjar, on the other hand, still hasn’t won a championship in an open-wheel car.