FERRARI SIGNS A MULTI-YEAR PARTNERSHIP AGREEMENT WITH BINGX
Ferrari (NYSE: RACE) announced a multi-year partnership agreement with BingX, a cryptocurrency exchange and Web3 company.
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Rhea-AI Summary
Ferrari (NYSE: RACE) announced a multi-year partnership agreement with BingX, a cryptocurrency exchange and Web3 company. The agreement was signed on October 31, 2025 and is effective from January 1, 2026.
BingX will become a Team Partner of Scuderia Ferrari HP. The announcement names the parties and timing but does not disclose financial terms, contract length in years, or commercial value.
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News Market Reaction – RACE
On Oct 31, the day this news came out, RACE closed 2.01% above the previous close.
Data tracked by StockTitan Argus for the Oct 31 session.
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Maranello (Italia), 31 ottobre 2025 – Ferrari N.V. (NYSE/EXM: RACE) annuncia un accordo di partnership pluriennale tra Ferrari S.p.A., società italiana da essa interamente controllata, e BingX, un exchange leader di criptovalute e una società Web3.
In base ai termini dell'accordo, firmato oggi ed effettivo dal 1° gennaio 2026, BingX diverrà un Team Partner di Scuderia Ferrari HP.
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