McLaren Racing has revealed that Goldman Sachs Group Inc has become an official partner of the McLaren Formula 1 team for the 2022 season and more.

The collaboration with the global financial institution includes a commitment to accelerate progress towards McLaren’s net zero goals.

Furthermore, the pair share the belief that sustainability includes addressing social, environmental and economic impacts during the transition to an inclusive net-zero economy.

Zak Brown, CEO, McLaren Racing, said: “We’re thrilled to partner with Goldman Sachs, a global institution that shares McLaren Racing’s own values in recognising the importance of sustainability. 

“As we work to achieve our bold long-term goals, Goldman Sachs’ support will provide an invaluable boost in fast-tracking our progress. Goldman Sachs will be a key partner in our sustainability journey, and we look forward to collaborating to make a positive contribution to our team, communities, and the wider world.”

More so, Goldman Sachs and McLaren have stated they will be using their ‘combined expertise’ to drive change faster in the sport’s journey to a more sustainable future. 

The British motor racing team aims to halve its GHG footprint by 2030 on a 2019 baseline and achieve net zero by 2040 in line with the UN Sports for Climate Action initiative and Race to Zero campaign.

Fiona Carter, CMO, Goldman Sachs, concluded: “Goldman Sachs and McLaren share an ambition to accelerate progress for the fans, our clients and in our communities. Together we’re excited to see what’s possible when we push our collective technical and intellectual expertise to the limit.”

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