Ferrari Renews and Expands Partnership With Philip Morris (PM)

Philip Morris International Inc. (NYSE:PM) is included among the 15 Best Blue-Chip Stocks with Growing Dividends.

Ferrari Renews and Expands Partnership With Philip Morris (PM)

On December 3, Ferrari N.V. said that its wholly owned Italian subsidiary, Ferrari S.p.A., has renewed and expanded its long-running partnership with Philip Morris International Inc. (NYSE:PM).

The new agreement, which was signed on December 3 and will take effect on January 1, 2026, highlighted that Philip Morris International Inc. (NYSE:PM) becomes a Premium Partner of Scuderia Ferrari HP. It also takes on the role of Series Partner of the Ferrari Challenge Trofeo Pirelli.

Stefano Volpetti, President Smoke-Free Products & Chief Consumer Officer, PMI, made the following comment:

“PMI shares with Scuderia Ferrari HP the pursuit to innovate and challenge the status quo for millions of adults that share this passion. By engaging in this space, we demonstrate our commitment on this journey. By further enhancing our partnership with Scuderia Ferrari HP, we hope to accelerate the replacement of cigarettes, and we want our adult consumers of nicotine products, like ZYN, to embrace and enjoy every moment of this thrilling ride.”

The relationship itself isn’t new. Ferrari and Philip Morris have joined forces for more than 50 years, and this renewal keeps that collaboration moving forward.

An American tobacco company, Philip Morris International Inc. (NYSE:PM) has operations in over 180 countries, with Marlboro as its most recognized brand.

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