LVMH clinches 10-year sponsorship deal with Formula 1
PARIS :French luxury giant LVMH has reached a 10-year sponsorship deal with Formula 1 which covers its Louis Vuitton, Moet Hennessy and TAG Heuer brands, replacing long-time sponsor Rolex, the company announced on Wednesday. The sponsorship deal, valued at slightly more than $100 million a year for 10 years,
2 Oct 16:11 · CNA