RH (RH) and the Mercedes-AMG Petronas Formula One Team said Tuesday they have entered a multi-year global collaboration under which RH will serve as the team's global interior design and luxury furnishings curator.
Beginning in late 2026, RH will design hospitality spaces at Formula One venues and the team's UK headquarters, starting in Abu Dhabi before expanding to other race locations.
The partnership aims to create premium hospitality experiences for partners and guests by combining RH's interior design expertise with the Formula One team's global hospitality footprint, the companies added.
Financial terms of the collaboration were not disclosed
RH shares were down 2.8% in Tuesday trading.
Price: 165.35, Change: -3.65, Percent Change: -2.16
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