McLaren Racing extends partnership with Workday for 2024 F1 season

McLaren Racing and Workday, an esteemed provider of enterprise cloud applications for finance and human resources, have formally declared an extension of their existing multi-year partnership for the forthcoming 2024 Formula 1 Season. This collaboration sees the continued participation of Workday as an Official Partner of the McLaren Formula 1 Team.

The Workday logo will make its first appearance on the rear-wing of the McLaren MCL38, piloted by formula 1 drivers Lando Norris and Oscar Piastri in the preseason testing, fostering anticipation for the Bahrain Grand Prix scheduled for March 2. The 2024 Formula 1 season will also feature the Workday branding prominently displayed on the official McLaren team kits.

This expansion fortifies a partnership that was formed last year and saw Workday step up as an Official Partner of the 2023 McLaren Formula 1 Team. The multi-year partnership allows McLaren to continue using Workday's financial planning software, including the state-of-the-art Workday Adaptive Planning. With a shared passion for cutting-edge innovation and efficiency, the use of Workday's financial planning software empowers McLaren to make quicker, more informed decisions throughout its organisation.

Matt Dennington, Executive Director, Partnerships & Accelerator at McLaren Racing, expressed his satisfaction at this development, stating: "We are delighted to expand our partnership with Workday. Its solutions have hugely supported our adaptability and agility in decision-making as a business, and we are looking forward to continuing this into the future."

Reflecting the sentiment, Emma Chalwin, Chief Marketing Officer at Workday, conveyed: "McLaren is a globally recognised racing team and a valued Workday customer. That's why we're incredibly proud to team up and grow our partnership. McLaren represents the highest standard of efficiency and planning; a focus Workday also shares. Together, we aim to empower people to adapt and perform, whether on the racetrack or in the workplace."

McLaren Racing, originally founded by racing driver Bruce McLaren in 1963, has since won 20 Formula 1 world championships, 183 Formula 1 Grand Prix, the Indianapolis 500 three times, and the Le Mans 24 Hours at its first attempt. The racing team currently competes across five different series and is also a champion for sustainability in the sport, committed to achieving net-zero by 2040.

Workday, on the other hand, provides enterprise cloud applications for finance and human resources, aiding businesses to adapt and thrive in a changing world. Its applications are built with artificial intelligence and machine learning at the core, serving more than 10,000 organisations worldwide, including over 50% of the Fortune 500 businesses.