Fanatec®, a brand of CORSAIR® (NASDAQ: CRSR) and global leader in sim racing hardware, has entered a new multi-year global licensing partnership with Formula 1®, building on a relationship that began in 2018 and marking the next phase of collaboration with new, officially licensed products for motorsport enthusiasts around the world.

As part of the agreement, Fanatec will design the next generation of F1 licensed sim racing hardware, including steering wheels, and limited-edition products, replicating the innovative designs and technology seen throughout Formula 1.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.