It may not look like it but big tobacco still enjoys a prominent presence in Formula 1 thanks to Philip Morris and Ferrari.
Marlboro logos disappeared from Ferrari's cars when a ban on cigarette advertising was introduced in 2007 but the partnership's red and white corporate branding is still associated with the Scuderia.
A statement issued on Monday says a new multi-year agreement has been reached between Philip Morris and Ferrari, thus extending an association with started over four decades ago.
No doubt negotiations were facilitated by Scuderia team boss Maurizio Arrivabene who, before taking the helm at Ferrari, was Philip Morris' marketing man.
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