Visa and Red Bull Racing have announced a new global partnership that will see the two iconic brands team up in the world of Formula One racing. The partnership, which was announced ahead of the 2021 Formula One season, will see Visa become the official payment technology partner of the Red Bull Racing team.

Under the partnership, Visa will work with Red Bull Racing to create innovative payment solutions that will enhance the fan experience both at the track and online. This will include enabling fans to make fast and secure payments using Visa technology, as well as access exclusive experiences at Formula One events.

The partnership is a natural fit for both Visa and Red Bull Racing, as both brands are known for their commitment to innovation and pushing the boundaries of what is possible. Red Bull Racing, led by team principal Christian Horner and drivers Max Verstappen and Sergio Perez, has consistently been at the forefront of Formula One racing, while Visa is recognized as a global leader in payment technology.

Speaking about the partnership, Mike Luddy, Executive Vice President and Regional Manager, CEMEA at Visa, said, “We are thrilled to be partnering with Red Bull Racing, one of the most exciting and successful teams in Formula One. Visa is committed to delivering innovative payment solutions that enhance the fan experience, and we are excited to work with Red Bull Racing to bring this to life both on and off the track.”

Christian Horner, Team Principal of Red Bull Racing, added, “We are delighted to welcome Visa as our official payment technology partner. Visa is a global leader in payment technology, and we look forward to working together to create innovative solutions that will enhance the fan experience and elevate our performance on the track.”

The announcement of the partnership between Visa and Red Bull Racing comes at an exciting time for Formula One, with the 2021 season set to be one of the most competitive and thrilling in recent memory. With Visa on board as the team’s official payment technology partner, fans can expect more exciting experiences both at the track and online, as well as innovative payment solutions that will enhance their overall Formula One experience.

Overall, the partnership between Visa and Red Bull Racing is a win-win for both brands, as it will allow them to collaborate on creating new and exciting experiences for fans, while also showcasing their commitment to excellence and innovation in the world of Formula One racing. With the 2021 Formula One season now underway, fans can expect to see Visa and Red Bull Racing working closely together to push the boundaries of what is possible in the world of motorsport.