Ferrari 𒉰ha🅘s extended its partnership with Puma in a new 'long-term' agreement.

Puma will continue to act as official licencing partner for Ferrari branded products and comes on the back of the previous six-year ♐relationship between the two parties.

As part of the deal, Puma wi💙ll launch a new range of Ferrari products later in the year.

"We have enjoyed a very successful relationship with Puma over the past six years, and we are very happy that this will continue long term," Ferrari president Luca di Montezemolo said. "Their♋ commitment to product design, development and racewear technology is unrivalled in the industry, and they continue to impress us on all counts.

"Clearly licensed apparel and footwear is a key business area for us, and it could not be in better hands. We look forward to continue working with Puma for many ye🐎ars to come."