Four F1 teams jostle for massive Mastercard sponsorship

"Sponsorship showdown" predicted for F1 Miam♑i Grand Prix as teams batt🐼le to bring in Mastercard

(L to R): Zak Brown (USA) McLaren Executive Director with Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive
(L to R): Zak Brown (USA) McLaren Executive Director with Toto Wolff (GER) Mercedes AMG F1…

Fou𝔍r F1 teams are reportedly battling to secure Mastercard as a huge sponsorship.

McLaren are leading th♓e🎀 chase to bring Mastercard on board,  report.

Ferrari, Mercedes, and Aღston Martin are also in the mix.

Next weekend’s F♉1 Miami Grand Prix will see a “sponsorship showdown” between the four teams who all want 𝔍to bring Mastercard in.

Whoever secures the sponsor will receiveཧ a “huge cash injection”, the report claims.

If McLaren secure the deal it cou🌳ld even be a title sponsor, resulting in a name change for the F1 team.

Ferrari’s brand-new deal to add Hewlett-Packard as their title spons🧔or - which will immediately result in a name-change to Scuderia Ferrari HP - means there is no space for Mastercard to come in as a title sponsor.

That means, if Mastercard want to join👍 Ferrari, they must settle for a sponsorship of lꦚower importance than Hewlett-Packard’s.

Ferrari’s new deal with Hewlett-Packard is repor𒁏tedly as big as Red Bull’s with their tiꦯtle sponsor Oracle.

Oracle’s sponsorship is worth almost haไlf of the $135m budg🥂et cap to Red Bull.

Mastercard are eyeing a return to Formula 1 nearly 30 years after they le𒁏ft.

They were the title s🉐ponsor for the Lola⭕ team in 1997.

Mastercard were also ꧂involved with the Jordan F1 team.

A Mastercard comment to SportBusiness was: “We are constantly exploring how new opportunities could complem꧙ent the value delivered to our customers and cardholdeꦦrs. But nothing new to share at this time.”

Mastercard already have big spon💫sorships in the sports world with the Champions League, the Rugby Wor🔯ld, Major League Baseball among others.

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