McLaren has added another huge company to its sponsorship roster, adding the global payments firm Mastercard to its fleet.
It is a multi-year deal and Mastercard has been described by the team as a "major sponsor". The Mastercard branding will appear on the McLaren F1 cars later in the season.
RacingNews365 understands that rival team Mercedes was also in talks to sign Mastercard, but appears to have been beaten out by the Woking-based squad.
“Mastercard is an incredible brand with the iconic red and yellow logo instantly recognisable wherever you are in the world," said McLaren Racing CEO Zak Brown.
"Mastercard shares our absolute passion for offering fans fantastic experiences and opportunities to truly feel part of our growing global racing community – and we are delighted to welcome them to the McLaren Racing family.”
Meanwhile, Mastercard chief marketing and communications officer Raja Rajamannar added: “We are constantly exploring new ways to bring value to our customers and cardholders. Getting them closer to their passions, what they love most, is central to this, and racing has become one of the most exhilarating, universal passions globally.
"For many people, McLaren is synonymous with racing – exciting, innovative, purpose-driven. We are thrilled to partner with them and to join our brands together in a meaningful way in the eyes of fans everywhere.”
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