That’s is a proper wedge of cash and a ballsy move to triple what Rolex were paying. They’ll make that back in no time, based on current and (no doubt) regular future price hikes though.
That’s is a proper wedge of cash and a ballsy move to triple what Rolex were paying. They’ll make that back in no time, based on current and (no doubt) regular future price hikes though.
That certainly is an interesting article. The headlines of TAG Heuer taking over the sponsorship being rather skewed as, whilst they may be the name shown on the timing element for obvious historical reasons, the actual sponsorship could be LVMH with all the other brands filling in various sectors which support F1.
A bit like the management company in my small estate of houses, which openly tender every year for various things like keeping the planting tidy and mowing the open areas to servicing of electrics and insurance. Whilst these are all tendered impartially…they always get awarded to separate companies which just happen to have the same directors, unsurprisingly.
The more I think about it, the more this would be a genuine move for LVMH.