Philip Morris is doing all Ferrari's marketing. The companies on the car don't have a contract with Ferrari but with Philip Morris. They have a contract where, for around 200 mln a year, PM has all the rights on the car and all the marketing around that. It's a very good deal for Ferrari.Sevach wrote: ↑06 Oct 2018, 09:14Nobody else decided to keep paying while being unable to display their brands on the car, somehow Philip Morris decided to keep going.
You'd have to question what kind of special relationship Philip Morris and Ferrari have for them to make this decision.
Consider that Ferrari is now run by a PM man...
Philip Morris has a long history in F1 with deals that go further then other tobacco brands. They invested in McLaren with project 4 (the M from MP4 used to mean Marlboro) and switched to Ferrari when they had the ambitious Schumacher/Brawn project there. They are more like RedBull that you would think in first.
I think this mission wino is in the first place not to focus on Philip Morris, but to gather interest for partnerships with the Ferrari brand and sell more space on the car.