Imperial Brand Teams Up with Racing Team for Sponsorship

Business by 2FIRSTS.ai
Jan.29.2024
Imperial Brand Teams Up with Racing Team for Sponsorship
Imperial Brands' subsidiary, ITG, is set to make a splash in NASCAR with sponsorship of its new nicotine pouch.

According to a report by Journalnow, Imperial Brands Plc's subsidiary, Imperial Tobacco (ITG), is expected to shine in the top-tier events of the National Association for Stock Car Auto Racing (NASCAR) in the United States.

 

However, the company did not make use of the well-known Winston brand, which it acquired for $7.1 billion in June 2015, for sponsorship. Instead, it is prepared to partner with the Richard Childress Racing team to significantly boost the national visibility of its newly acquired "zone smoke-free nicotine pouch" in the "region".

 

The "Regional" nicotine pouches will make their debut on February 5th in twelve undisclosed markets, available for purchase exclusively to consumers aged 21 and above. They will serve as the "anchor partner" for two-time NASCAR champion Kyle Busch and the No. 8 Chevrolet racing team of Richard Childress Racing.

 

The sponsorship campaign by ITG brand will include live marketing and promotional activities at certain NASCAR race tracks. It is worth noting that the "regional" sponsorship efforts will particularly emphasize the warning to adult consumers that "nicotine is an addictive chemical," as required by the U.S. Food and Drug Administration (FDA).

 

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1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

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