Ferrari processing sponsorship loss of AMD to Mercedes. Ferrari processing sponsorship loss of AMD to Mercedes.

Scuderia Ferrari have lost sponsor AMD to Mercedes, with the computing giant signing a multi-year deal with the reigning Champions.

Long-term Scuderia Ferrari sponsor AMD have decided against renewing their agreement with the Maranello team, after over ten years of partnership.

Instead, AMD have signed a deal with Mercedes AMG, who have confirmed a multi-year deal with the technology and computing giant.