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F1: Scuderia Ferrari loses Italian drinks sponsor

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Khatir Soltani
From GMM

The famous Italian drinks firm Martini did not renew its Ferrari sponsorship ahead of the 2009 Formula 1 season.

Martini, following past associations in the sport with Brabham and Lotus in the '70s and '80s, returned to formula one with Ferrari on a three-year contract in 2006.

The red and black Martini logo was, however, missing from the livery of the new F60 when it was unveiled earlier this week, although it is believed the Turin based company may continue to advertise trackside.

The Ferrari-Martini deal was estimated at more than 3 million euros per year.
photo:Ferrari
Khatir Soltani
Khatir Soltani
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