Daily Newsletter

29 November 2023

Daily Newsletter

29 November 2023

Monster Energy shifts from Mercedes to McLaren to maintain F1 presence

Monster will serve as an official partner of McLaren under a multi-year deal.

Tariq Saleh November 29 2023

Energy drinks brand Monster Energy has announced a new partnership with the McLaren Formula 1 motor racing team and an end to its long-standing association with Mercedes.

Monster will serve as an official partner of McLaren under a multi-year deal.

From the 2024 F1 season, the brand will be featured on the helmets, race suits, caps, and drinks bottles of McLaren drivers Lando Norris and Oscar Piastri.

The energy drink brand, a prominent sponsor in motorsports, will also collaborate with McLaren to create activations and original content.

Zak Brown, McLaren Racing's chief executive, said: "We are delighted to join forces with Monster Energy from next season onwards. Monster focuses on celebrating athletes through bold ideas and creating content, so we can’t wait to explore ideas and find new ways to engage and entertain our fans.”

The agreement with McLaren brings to a conclusion Monster’s 14-year relationship with Mercedes.

Rodney Sacks, chairman and co-chief executive of Monster Energy Company, added: "We would like to express our sincere appreciation to the Mercedes-AMG Petronas Formula One Team, and Toto Wolff in particular, for a partnership that has spanned well over a decade and seen us celebrate some wonderful success together."

Earlier this month, McLaren unveiled a multi-series partnership with Udemy, an online learning platform and skills marketplace.

Through a first-of-its-kind deal, Udemy is set to become the official learning and skills partner of McLaren Racing, and specifically the organization’s teams across F1, IndyCar, Formula E, and Extreme E.

Machine Learning (ML) and Computer Vision (CV) technologies set to play a significant role in the sports industry

The sports industry’s adoption of AI will focus on CV and ML. Successful applications of ML have helped the decision-makers at sports companies, broadcasters, and leagues find underlying trends in vast datasets. This analysis informs their strategy, on and off the pitch. CV is mainly used in training, officiating, performance analysis, and injury prevention. Many teams using this technology have reported a decline in lost days due to injury. There is untapped potential for generative AI in sports.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close