Is this commercial racist?
I have no idea. I do know it's not funny and I think humor was what the marketing geniuses were after. But we're all talking about it, so I suppose some goal has been achieved, Satanic as it is. No such thing as bad publicity.
If you want a Thomistic theological dissection of the ad, see Christopher. As for me, I'll defer to Bill Hicks; while he may not have spent his life co-opting Greek philosophy, he seems to understand the component of the Buddhist Eightfold Path known as Right Intention: