F1. McLaren is partnering with a financial technology company

McLaren has announced that Airwallex, the global financial platform for modern businesses, has become an official partner of the Formula 1 team for the 2024 season and beyond.

According to a British team press release “The Airwallex platform will support McLaren’s financial operations and bring efficiency to the team’s multi-currency transactions to unlock new opportunities and enable global expansion. »

The Airwallex brand will appear on the McLaren MCL38’s roll cage for the 2024 season, as well as the suits of McLaren drivers Lando Norris and Oscar Piastri.

Airwallex CEO and co-founder Jack Zhang was delighted to be joining the ranks of McLaren in F1. “There are very few brands that match McLaren’s heritage and global appeal. Like McLaren, Airwallex is constantly innovating to be faster and more precise, with a product that connects people around the world. »

“Our partnership will play a key role in supporting our global expansion and we look forward to working with the McLaren team in 2024 and further supporting our mutual growth. »he declared.

McLaren Racing CEO Zak Brown also spoke after the partnership was announced. “In the competitive world of Formula 1, efficiency and performance are key both on and off the track. We are excited to have Airwallex on board and use their innovative and reliable payment solutions to support our team’s financial operations. »

The Woking-based team will unveil their true single-seater for 2024, the MCL38, on February 14.

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