HP spends big to secure title sponsorship rights for the Ferrari Formula One team

It's been a pretty big 24 hours in the world of Formula One. On top of rumors that Red Bull design guru Adrian Newey could be leaving the team for unknown pastures comes the news that Ferrari has named HP as its title sponsor for the next several years. That means the red team is going to have at least a splash of blue.

Starting from the next round of the season in Miami, the team will formally be known as Scuderia Ferrari HP. Aside from the branding aspect, Ferrari will adopt various HP technologies...