Four F1 teams jostle for massive Mastercard sponsorship

"Sponsorship showdown" predicted for F1 Miami✅ Grand Prix as teams battle 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…

Four F1 teams are reportedly battling to secur♍e Mastercard as a hug🐼e sponsorship.

McLaren are leading the chase to bring Mastercard on board,  🔯report.

Ferrari, Mercedes, and ♛Aston Martin are also in the mix.

Next weekend’s F1 Miami Grand Prix will see a “sponsorship showdown” between the four teams who all want 💞to bring Mastercard in.

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

If McLaren secure the deal it could 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 sponsor - whicꦇh 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.

Tha𝓡t means, if Masterca𓆉rd want to join Ferrari, they must settle for a sponsorship of lower importance than Hewlett-Packard’s.

Ferrari’s new deal with Hewlett-Packard is reportedly asꦬ big as Red Bull’s with t🔜heir title sponsor Oracle.

Oracle’s sponsorship💮 is worth almost half of the $135m ♕budget cap to Red Bull.

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

꧑They were the title sponsor for the Lola t🍨eam in 1997.

Ma🎶stercard were also involved with the Jordan F1 team.

A Mastercard comment to SportBusiness was: “We are constantly exploring how n🤪ew opportunities could complement the value delivered to 🅷our customers and cardholders. But nothing new to share at this time.”

Mastercard alre🌄ady have big sponsorships in the sports world with the Champions League, the Rugby World, Major League Bas🐼eball among others.

Read More