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Home Formula 1

Business: McLaren announced tie-up with Mastercard

August 15, 2024
in Formula 1
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Business: McLaren announced tie-up with Mastercard
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By Balazs Szabo on 16 Aug 2024, 04:00
Business: McLaren announced tie-up with Mastercard

McLaren Racing and Mastercard have teamed up in a multi-year partnership where the global payments leader will become a significant sponsor of the McLaren Formula 1 Team.

According to McLaren’s statement, “the collaboration brings together two leading brands known for their focus on innovation and for setting the bar in offering amazing experiences that connect people to their passions and each other.”

Mastercard has assured that the new collaboration will provide cardholders with “exceptional access to some of the most thrilling properties in sports and entertainment, extending into the realm of Formula 1 and the McLaren Racing team.”

Mastercard branding will be featured on McLaren’s cars, driven by Lando Norris and Oscar Piastri, later in the 2024 season.

In response to the partnership, Raja Rajamannar, Chief Marketing and Communications Officer at Mastercard, stated: “We are continuously seeking ways to add value to our customers and cardholders. Bringing them closer to what they love most, their passions, is at the core of this, and racing has emerged as one of the most exhilarating, universally loved passions worldwide.”

“For many individuals, McLaren embodies racing – exciting, innovative, purposeful. We are excited to collaborate with them and unite our brands in a meaningful way for fans everywhere.”

McLaren CEO Zak Brown commented: “Mastercard is an outstanding brand with its iconic red and yellow logo instantly recognizable regardless of location.

“Mastercard shares our unwavering commitment to providing fans with incredible experiences and opportunities to truly be part of our expanding global racing community – and we are thrilled to welcome them to the McLaren Racing family.”

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