McLaren partners with banking behemoth

The McLaren Formula 1 team have announced a multi-year partnership agreement with Goldman Sachs

-

The McLaren Formula 1 team has secured an agreement with American banking giant Goldman Sachs with the aim of helping the team reach its net-zero goals.

Under Zak Brown’s stewardship, McLaren has successfully tapped into the American market with the team also having sponsorship deals with the likes of Coca-Cola, Dell and Google.

The agreement with Goldman Sachs represents the Woking team’s latest coup, at a time when the sport has made significant inroads into a market it has long craved to tap into.

“We’re thrilled to partner with Goldman Sachs, a global institution that shares McLaren Racing’s own values in recognising the importance of sustainability,” McLaren CEO Zak Brown said in a press statement.

“As we work to achieve our bold long-term goals, Goldman Sachs’ support will provide an invaluable boost in fast-tracking our progress.

“Goldman Sachs will be a key partner in our sustainability journey, and we look forward to collaborating to make a positive contribution to our team, communities, and the wider world.”

McLaren’s Lando Norris during the 2022 Emilia Romagna Grand Prix REUTERS/Jennifer Lorenzini

Fiona Carter a CMO at Goldman Sachs added that the company was excited about the prospect of working with McLaren and looks forward to helping the team achieve its on-track and off-track goals.

“Goldman Sachs and McLaren share an ambition to accelerate progress for the fans, our clients and in our communities,” Carter stated.

“Together we’re excited to see what’s possible when we push our collective technical and intellectual expertise to the limit.”

According to the press statement, the agreement aims to help McLaren meet its sustainability goals from an environmental, economic, and social perspective.

Rahul Sharanhttps://total-motorsport.com
Motorsport journalist for Total-Motorsport.com
- Advertisment -

LATEST NEWS

London E-Prix Results 2024 – Formula E Round 16

0
Pascal Wehrlein emerged victorious in one of the most dramatic races in Formula E history, securing his maiden Drivers'...

Max Verstappen escapes crash penalty: Blames Lewis Hamilton

0
Max Verstappen blames Lewis Hamilton for turning in too early for their Hungaroring crash on July 21 as the...

F1 Standings after 2024 Hungarian Grand Prix

0
Oscar Piastri secured his first Formula 1 victory at the 2024 Hungarian Grand Prix amid internal McLaren drama with...

Wehrlein wins 2024 Formula E title after gripping London E-Prix

0
An unbelievable end to the 2024 Formula E season saw Pascal Wehrlein crowned champion at the London E-Prix after...

Formula E 2024 LIVE: London E-Prix Finale – Wehrlein becomes champion after huge drama

0
Welcome to this Total-Motorsport.com Formula E LIVE BLOG for Round 16 from the 2024 London E-Prix! This Sunday, we bring you real-time updates,...

Norris blames McLaren for team orders debacle: Issues warning

0
Lando Norris blamed McLaren for the team orders chaos at the 2024 Hungarian GP as he waited until Lap...

F1 2024 Hungarian GP – Fastest Lap

0
George Russell set the fastest lap of the 2024 Hungarian GP with a 1:20.305 on a weekend when he...

Oscar Piastri Takes Debut F1 Victory at Hungarian GP Amid McLaren Drama

0
Oscar Piastri has clinched his first-ever Formula 1 victory at the 2024 Hungarian GP, after a dramatic race filled...

F1 2024 Hungarian Grand Prix – Race Results

0
The 2024 Hungarian Grand Prix race weekend took us through the midpoint of the Formula 1 season, and Oscar Piastri took the chequered flag to...

F1 LIVE: 2024 Hungarian GP – Piastri wins after Norris finally follows team orders

0
Welcome to this Total-Motorsport.com F1 Live Blog for the 2024 Hungarian GP! This Sunday, we bring you real-time updates,...
- Advertisment -
Exit mobile version