American Express and Formula 1 Sign a Multi-Year Partnership

American Express, a globally renowned financial services and payment company, has announced a multi-year partnership with Formula 1, the prestigious motorsport championship. This new collaboration will see American Express become the official payment partner of Formula 1, providing fans with unique benefits and exclusive experiences.

The partnership will bring together two iconic brands known for their commitment to excellence and innovation. As the official payment partner, American Express will offer fans access to a range of benefits, including exclusive experiences, promotions, and rewards. Cardmembers will have the opportunity to enjoy VIP access to Formula 1 events, including hospitality packages, paddock passes, and meet-and-greets with drivers.

American Express will also introduce new payment solutions at Formula 1 events, making it easier for fans to make secure and convenient transactions. This includes contactless payment options, mobile wallets, and other digital payment solutions that cater to the needs of modern consumers.

In addition to enhancing the fan experience, the partnership will also focus on sustainability and environmental initiatives. American Express and Formula 1 will work together to promote responsible practices and reduce the environmental impact of events. This includes initiatives to minimize waste, promote recycling, and support sustainability efforts within the motorsport industry.

Commenting on the partnership, American Express Vice President of Global Sponsorships, Deborah Curtis, stated, “We are thrilled to partner with Formula 1, a global brand that shares our commitment to delivering exceptional experiences for fans. This collaboration provides an exciting opportunity to engage with a passionate audience and showcase the benefits of American Express payment solutions.”

Formula 1 Chief Digital Officer, Frank Arthofer, added, “We are excited to welcome American Express as our official payment partner and work together to enhance the fan experience at Formula 1 events. This partnership represents a significant step forward in delivering innovative solutions and exclusive benefits to our fans around the world.”

The American Express and Formula 1 partnership is set to launch in the upcoming season, with plans to introduce a range of exciting initiatives and promotions for fans to enjoy. As two leaders in their respective industries, this collaboration is poised to create a memorable and rewarding experience for motorsport enthusiasts worldwide.