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Armani suits Ferrari as F1 teams strike new deals before 2021 season

(Photo by Bryn Lennon / POOL / AFP) (Photo by BRYN LENNON/POOL/AFP via Getty Images)

Formula 1 teams Ferrari and Williams have struck new sponsorship deals with brands from the fashion and technology sectors, respectively.

Ferrari has signed up luxury fashion brand Giorgio Armani to its sponsorship portfolio.

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