MasterCard could return as title sponsor in F1: McLaren on pole – News

and VALERIO BARRETTA

MasterCard wants to return to F1

Crowdfunding has always been Formula 1’s bread and butter, and in recent days the hunt for them has begun. title sponsor which today has led Ferrari to formalize its agreement with HP. In recent years several teams have signed very good agreements to change their official name (just think of Red Bull and Oracle, Aston Martin and Aramco, Haas and MoneyGram and RB and VISA and Cash App just to name the most important ones). Another team can be added to the list, and it is McLaren.

The Woking team, as reported Sports Businessis in the forefront of endorsement deals MasterCard as the main sponsor, and its official name may change from “McLaren Formula 1 Team” to “McLaren Mercedes MasterCard”: “We’re always exploring how new opportunities can complement the value we deliver to our customers, but there’s nothing new to share at this time.“, this is an international opinion.

Ferrari, Mercedes and Aston Martin are also reportedly in discussions with MasterCard about a possible sponsorship deal. Since the Scuderia di Maranello has reached an agreement with HP, it is likely that the negotiations with MasterCard will be about minimum financing.

MasterCard in F1

For MasterCard it would be the return to F1 after more than 20 years: from mid-1997 to 2001 it was actually the sponsor of Jordan. The global leader in payment services was already the main sponsor of the F1 team: experience and Lola in 1997, however, it was surprising and only lasted one race weekend, when in Melbourne Ricardo Rosset and Vincenzo Sospiri failed to qualify for the GP driving a very slow car, which went 8″ slower per lap than their rivals.