From Autoweek: “The change comes as part of federal advertising guidelines imposed on tobacco companies. Well-known tobacco company Philip Morris USA is officially gone from Team Penske, which means the famous day-glo orange-and-white livery is gone from Indy-car racing, too. Team Penske officials confirmed the end of the 20-year association on Tuesday, when the Izod IndyCar Series convened in Alabama at Barber Motorsports Park for its first open test of the season.”
Somehow, I think Marlboro will find other ways to advertise their product that will be just as effective. As for the impact on Penske? His stock, ticker: PAG, is on a slight downward trend hovering above $14/share. It might go up if he slapped a logo on the other cheek of this chick. I’m just sayin’.