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Report alleges F1 teams ‘driving addiction' with renewed tobacco sponsorships
Formula 1 is facing heavy criticism for its continued links to tobacco companies, with a new report blasting teams Ferrari and McLaren for their continued sponsorships. The report, co-authored by anti-tobacco NGO STOP and F1 financial reporters Formula Money, explains that tobacco companies Philip Morris International (PMI) and British American Tobacco (BAT) have used advertising with Ferrari and McLaren respectively to 'undermine national tobacco advertising bans'. A sport that has been closely linked with tobacco sponsorships since the 1960s, F1 has made more than $4.4 billion from tobacco advertising in its history, although much of that revenue dissipated with widespread tobacco...
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3y ago from GrandPrix247.com
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