Users can now access private company data from theJP Jenkins marketplace

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksLVMH Share News (MC.PA)

Share Price Information for LVMH (MC.PA)

Euronext Paris
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 487.30
Bid: 572.20
Ask: 572.40
Change: -1.20 (-0.246%)
Spread: 0.20 (0.035%)
Open: 489.45
High: 489.80
Low: 471.25
Prev. Close: 485.60
MC.PA Live PriceLast checked at -
  • This share is an international stock.

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Motor racing-Moet & Chandon puts champagne back on the F1 podium

Wed, 05th Feb 2025 10:38

LONDON, Feb 5 (Reuters) - Moet & Chandon was confirmed as Formula One's official champagne provider on Wednesday with French fizz returning to the podium after four years of drivers celebrating by spraying Italian sparkling wine.

The brand, which previously partnered Formula One from 1966 to 2000, will also become title sponsor of the Belgian Grand Prix at Spa-Francorchamps in July.

French luxury giant LVMH has a 10-year sponsorship deal, announced last October, with Liberty Media-owned Formula One, which covers the Louis Vuitton, Moet Hennessy and TAG Heuer brands.

Tag Heuer has replaced Rolex as official timekeeper while Louis Vuitton is a partner of the sport and title sponsor of the season-opening Australian Grand Prix in Melbourne in March.

Formula One is celebrating the 75th anniversary of the championship this year.

Moet & Chandon has replaced Ferrari Trento, the Italian winemaker which was the 'official toast of Formula One' since 2021.

Motorsport's champagne tradition started at Le Mans in 1966 when Swiss driver Jo Siffert accidentally sprayed spectators after the cork shot out of a bottle that had been warmed by the sunshine.

American winner Dan Gurney recreated the moment a year later and deliberately shook the bottle.

In Formula One, a bottle of Moet was awarded to race winner Juan Manuel Fangio after the 1950 French Grand Prix held at Reims, a circuit near one of the centres of the champagne region.

Triple world champion Jackie Stewart first sprayed champagne on the F1 podium, again by accident, after the Briton won the 1969 French Grand Prix at Clermont-Ferrand.

"Nobody told me the bottle had been left lying in the sun and so, as I released the cork, the champagne foamed out," he wrote years later.

"I thought it would be a shame to waste any, so I pressed my thumb over the top but this only increased the pressure and produced a powerful jet of champagne.

"Everyone was enjoying the spectacle and so, thinking I might as well have some fun, I started spinning around, spraying the champagne in all directions... and so an F1 tradition was born."

Rose water is used for podium celebrations at races held in the Middle East. (Reporting by Alan Baldwin, editing by Christian Radnedge)

More News
2 May 2023 18:42

Sentiment and valuations about to go toe-to-toe -BofA

Main U.S. indexes sharply lower: S&P 500 down ~1.2%

*

Read more
2 May 2023 17:31

Demise of value vs growth, rise of new Big Three -Citi

Main U.S. indexes sharply lower: S&P 500 down ~1.5%

*

Read more
2 May 2023 16:53

Europe buys into 'sell in May' mantra

Main U.S. indexes sharply lower: S&P 500 down ~1.75%

*

Read more
2 May 2023 16:38

The slowdown shuffle: Job openings decline, firings pick up, capex plans weaken

Main U.S. indexes sharply lower: S&P 500 down ~1.75%

*

Read more
2 May 2023 16:02

Black Sea grain deal and what's at stake

Main U.S. indexes decline: S&P 500 down ~1.5%

*

Read more
2 May 2023 14:34

The case for an Italian luxury champion

Main U.S. indexes dip at open: DJI off ~0.5%

*

Read more
25 Apr 2023 11:44

UK equities lack love while France storms ahead

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

UK EQUITIES LACK LOVE WHILE FRANCE STORMS AHEAD (1040 GMT)

Read more
24 Apr 2023 17:13

European shares flat at start of busy earnings week, Philips jumps

LVMH market cap tops $500 billion - a record for Europe

*

Read more
18 Apr 2023 17:36

European shares end higher on China data cheer, travel stocks lead gains

Travel stocks hit near 1.5 year high

*

Read more
13 Apr 2023 17:25

Luxury shares boost Europe's STOXX 600, French stocks hit new record high

STOXX 600 ends up 0.4%

*

Read more
13 Apr 2023 13:02

Stocks and gold cheer cooler U.S. inflation, dollar slides

Euro hits 2-1/2 month high as dollar slides

*

Read more
13 Apr 2023 11:25

"Buy Europe": New peaks for Paris, Copenhagen and blue chips

STOXX 600 up 0.2%

*

Read more
13 Apr 2023 10:05

HR managers predict UK redundancies - survey

LVMH shares hit fresh record high after results

*

Read more
13 Apr 2023 09:46

Stocks and gold cheer U.S. inflation picture, while dollar slides

FT reports SoftBank selling Alibaba stock, price drops

*

Read more
13 Apr 2023 07:46

STOXX seen higher as bets rise Fed ready to stop hiking

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

STOXX SEEN HIGHER AS BETS RISE FED READY TO STOP HIKING (0610 GMT)

Read more

Track Your Investments

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.