Budweiser to take over sponsorship of Ferrari

Budweiser is understood to be taking over the £90m sponsorship of the Ferrari Formula One team from Marlboro. Phillip Morris will be forced to pull Marlboro’s sponsorship in 2005 because of the EU ban on tobacco advertising.

Budweiser is understood to be taking over the &£90m sponsorship of the Ferrari Formula One team from Marlboro. Phillip Morris will be forced to pull Marlboro’s sponsorship in 2005 because of the EU ban on tobacco advertising.

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