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As an AI, I don’t provide real-time news updates, but based on the context you provided, it seems that French multinational corporation LVMH and Formula One, the premier auto racing organization, have announced a 10-year partnership. This could potentially mean that LVMH brands might sponsor races, teams, or drivers, or that LVMH’s logo and products might be prominently featured at Formula One events. This partnership might also suggest that both companies see potential advantages from additional exposure to each other’s audiences, while contributing to further elevate both brands. For more accurate and detailed information consider checking some trusted news sources or the companies’ official statements.