PR94260

MARSEILLE, France, Jan. 27, 2022 /PRNewswire=KYODO JBN/ --

- CEVA Logistics, part of the CMA CGM Group, to be Team Partner of Scuderia

Ferrari under multi-year agreement

- As Official Logistics Partner, CEVA will provide support services for

Scuderia Ferrari, Ferrari Challenge and other GT race series

- Scuderia Ferrari, CEVA share commitment for Net zero carbon in Formula 1

CEVA Logistics, part of the CMA CGM Group, announced today a new global,

multi-year partnership with Ferrari to support its racing activities as

Official Logistics Partner. CEVA will also serve as a Team Partner of Scuderia

Ferrari, the most successful team ever in Formula 1.

CEVA Logistics will provide all logistics support services for the Scuderia

Ferrari cars and equipment for Grand Prix events, as well as for the GT racing

series and other Ferrari Challenge events.

Team Partner agreement unites racing, logistics leaders

As a Team Partner of Scuderia Ferrari, CEVA Logistics will have its logo

featured on the new 2022 Scuderia Ferrari single seater, as well as on team

trucks and driver and pit crew equipment and apparel. Scuderia Ferrari's new

2022 F1 car is set to be unveiled on Feb. 17. In addition to the brand exposure

from the Formula 1 series, CEVA Logistics will be visible in other series,

including GT racing.

The Scuderia Ferrari team has been participating in all Formula 1 world

championships since 1950 and holds the record for the most Grand Prix

victories, having won 239 races and 16 World Constructors' Championships. CEVA

Logistics continues to expand its global leadership as part of its plan to

become one of the Top 5 logistics players in the world.

Formula 1 events regularly receive television viewership in the hundreds of

millions each year. In addition, according to Nielsen Sports, the global racing

series is expected to reach one billion interested people in 2022, growing by

20 percent (73 million) last year in 10 of the motorsport series' key markets,

which were Brazil, China, France, Germany, Italy, Russia, South Korea, Spain,

the United Kingdom and the United States.

CEVA deploys global logistics capabilities for Scuderia Ferrari

Ferrari has chosen CEVA Logistics and its leading global network to ensure road

and sea shipments for its cars and equipment to race sites around the world.

The Official Logistics Partner agreement covers both F1 and GT racing series.

In addition, CEVA will support car and equipment shipments to Scuderia Ferrari

event destinations, as well as manage spare parts shipments in Europe and the

global distribution of retail material. The 2022 Formula 1 world championship

includes 23 global events beginning on March 18 in Bahrain and ending on Nov.

20 in Abu Dhabi.

Both companies racing toward decarbonization

Under the leadership of the CMA CGM Group, its parent company, CEVA Logistics

is strongly committed to the protection of the environment. The CMA CGM Group

has committed to become Net zero carbon by 2050. As part of its efforts towards

decarbonization, CEVA currently offers customers alternative fuel options

including biofuel, LNG and biomethane in ocean cargo, sustainable aviation

fuels for air cargo, and biofuels or even electric vehicles for ground

transport. Those initiatives echo Formula 1's trajectory towards

sustainability. Since 2014, Formula 1 cars have been powered by hybrid engines.

Starting this year, Scuderia Ferrari's F1 engines will be powered by a 10

percent-ethanol fuel. By 2026, the race cars will be using biofuels, and by

2030, Formula 1 aims to be Net zero carbon.

Mathieu Friedberg, CEO, CEVA Logistics, said: "The logistics industry is

experiencing rapid change through the adoption of new technologies and so is

Formula 1. With the next era of racing coming in 2022, we look forward to

working alongside Scuderia Ferrari in showcasing these advancements in

logistics and racing. The Scuderia Ferrari team wants to top the podium by

navigating each course with agility and efficiency. At CEVA Logistics, our

course is the world, and we want to navigate it every day for our customers

with the same agility and efficiency."

Mattia Binotto, General Manager and Team principal, Scuderia Ferrari, added:

"We are pleased to welcome CEVA Logistics as a new Team Partner to the

Scuderia, a company with which we share the fundamental values of excellence,

commitment, innovation and passion. In the world of motor racing, efficiency

and organization are essential in order to achieve one's goals in every area

and logistics play a vital role in our daily activity, both at the track and in

Maranello. With CEVA Logistics, we can count on a company that not only

operates at the highest level in its sphere of activity, but is also

particularly mindful of supporting us in achieving an objective that is key for

Ferrari and Formula 1, namely becoming carbon neutral by 2030."

About CEVA Logistics

CEVA Logistics, a world leader in third-party logistics, provides and operates

transportation and supply-chain solutions for large- or medium-size national

and global companies. CEVA Logistics offers a broad range of services in both

Contract Logistics and Freight Management thanks to its approximately 78,000

employees and 1,000 facilities in more than 160 countries. CEVA Logistics'

experienced specialists focus on seamlessly designing end-to-end customized

solutions to meet the complex and rapidly evolving supply chain needs, whatever

the business sector. CEVA Logistics is part of the CMA CGM Group, a world

leader in shipping and logistics.

For more information, please visit

www.cevalogistics.com

For additional information please contact:

CMA CGM Group Media

media@cma-cgm.com

SOURCE: CEVA Logistics

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=413944

   Caption: The 2021 car of Scuderia Ferrari's Charles Leclerc was present at the CEVA

Logistics site in Somaglia, Italy, on Thursday, Jan. 20, fitted with the

sponsor logos for the 2022 season. Scuderia Ferrari’s 2022 single seater will

be unveiled on Feb. 17.