Workday and McLaren Racing sign a partnership agreement. Today, McLaren Racing announced a multi-year partnership with Workday, a leading provider of enterprise cloud applications for finance and human resources, as an Official Partner of the McLaren Formula 1 Team from 2023.
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McLaren will become a customer of Workday’s financial planning software, adding to the growing community of sports organisations using Workday, which includes some of the largest teams and leagues globally.
Workday’s technology will help McLaren support and empower its people through better financial planning and forecasting, enhancing transparency, simplicity, and adaptability across the organisation.
From the 2023 Australian Grand Prix, Workday branding will be represented across several McLaren touchpoints.
Matt Dennington, Executive Director, Partnerships & Accelerator, McLaren Racing, said:
We are excited to welcome Workday to the McLaren Racing family. In the competitive world of Formula 1, efficiency and performance are crucial both on and off the racetrack. Workday will support our team’s enhanced financial and operational planning, improving our agility in key decision-making. We look forward to integrating Workday’s solutions into our team from 2023.
Pete Schlampp, Chief Marketing Officer and Executive Vice President of Corporate Growth at Workday said:
Teaming up with McLaren will help accelerate Workday’s global brand awareness across F1 and enable us to support their team as they drive forward in the future of work. We are proud to partner with one of the iconic names in auto racing. This latest collaboration is a testament to Workday’s strong relationship with some of the world’s most recognisable organisations in sports.
Workday, Inc., is an American on‑demand (cloud-based) financial management, human capital management and Student information system software vendor. Workday was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, along with former PeopleSoft chief strategist Aneel Bhusri, following Oracle’s acquisition of PeopleSoft in 2005.
In October 2012, Workday launched a successful IPO (initial public offering) valued at $9.5 billion. Competitors of Workday include SAP SuccessFactors, Ceridian and Oracle.
In 2020, Fortune magazine ranked Workday Inc. at number five on their Fortune List of the Top 100 Companies to Work For in 2020 based on an employee satisfaction survey. San Francisco Business Times ranked Workday at number two on their Best Places to Work in the Bay in the largest companies category.