Four F1 teams jostle for massive Mastercard sponsorship

"Sponsorship showdown" predicted for F1 Miami G𝐆rand 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 s🌊ecure Mastercard as a huge sponsorship.

McLaren are leadꦗing the chase to bring Masterca🍃rd on board,  report.

Ferrari,𝓀 Mercedes, and Aston Martin are also i🔯n the mix.

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

Whoever secures t🌼he sponsor will receive a “hu💟ge cash injection”, the report claims.

If McLaren secure the deal it could eve🌠n 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 - which will immediately result in a name-change to Scuderia Ferrari H▨P - 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 lower importance than Hewlett-Packard’s.

Ferrari’s new deal with Hewlett-Pack🥀ard is reportedly as big as Red Bull’s with༺ their title sponsor Oracle.

Oracl🐟e’s sponsorship is worthꩵ almost half of the $135m budget cap to Red Bull.

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

They were the title sponso♔r for the Lola team in 1997.

M🍎astercard were also involved with the Jordan F1 te﷽am.

A Mastercard comment to SportBusiness was: “We are constantly exploring how new opportunities co🐓uld complement the value delivered to our customers and cardholders. But nothing new to share at this time.”

Mastercard already have big sponsorships in the sports world with the ▨Champions League, the Rugby World, Major League Baseball among others.

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