Ferrari

Tobacco giant Philip Morris International is bracing itself for trouble Down Under, after the Australian government launched several investigations into the legality of its new Ferrari-Mission Winnow branding

Tobacco giant Philip Morris International is paying $180m (€158m) per season to sponsor the Scuderia Ferrari Formula One team, according to sources close to the deal.

Ferrari has today (Thursday) unveiled a new livery as main sponsor, US cigarette and tobacco company Philip Morris International (PMI), returns to a more prominent branding association with the Formula…