American Express, one of the world’s leading financial services companies, has announced a major partnership with Formula 1 racing. This marks the first time in over 10 years that American Express has sponsored a sports event.
The partnership will see American Express become the Official Payment Partner of Formula 1, providing payment solutions to teams, drivers, and fans. This includes the ability to purchase tickets and merchandise using American Express cards.
American Express is no stranger to sports sponsorships, having previously sponsored the US Open tennis tournament and the PGA Tour. However, this is the first time in over a decade that they have sponsored a major sports event.
The partnership will also see American Express become the Official Payment Partner of the Formula 1 Esports Series. This will allow fans to use their American Express cards to purchase tickets and merchandise for the Esports Series.
American Express is also introducing a new rewards program for Formula 1 fans. This program will allow fans to earn points when they use their American Express cards at Formula 1 events. These points can then be redeemed for exclusive rewards such as VIP experiences and merchandise.
The partnership between American Express and Formula 1 is a major step forward for both companies. It will provide American Express with increased visibility in the world of motorsports, while Formula 1 will benefit from the convenience and security of American Express payments.
This partnership is sure to be a hit with both motorsports fans and American Express customers alike. It is a great example of how two major companies can come together to create something special for their customers.
