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Puma to replace Fila at Ferrari - 3rd September 23:31pm GMT

Sports goods retailer Puma AG will enter into a sponsorship and licensing deal with sportscar maker Ferrari, a German newspaper said on Friday.

In an advance copy of its Saturday edition, the Frankfurter Allgemeine Zeitung cited Italian business sources as saying that Puma would become a sponsor of Ferrari's Formula One team.

In future, Puma will also make red-coloured shoes and clothing similar to those worn by Ferrari drivers Michael Schumacher and Rubens Barrichello, the paper said.

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