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FIA Says It Can’t ‘Interfere’ With F1's Private Tobacco Sponsorship Deals Amid Criticism
A study published by Stopping Tobacco Organizations and Products (STOP), an international anti-tobacco industry group, has warned that Formula One and MotoGP remain the only major global sports competitions that still allow tobacco companies to advertise to fans via lucrative sponsorship deals with teams. STOP estimates that Formula One has generated in excess of $4.5 billion of revenue from sponsorship deals with tobacco brands in the sport’s 70-year history. READ: Sergio Perez Set To Replace Alex Albon At Red Bull – Kravitz Tobacco companies spent over $100 million over the course of the 2020 F1 season alone, STOP noted. It warned that there has been a marked increase in tobacco...
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3y ago from Formula1News.co.uk
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