A collaboration rooted in advanced technology and innovation, supporting our purpose to deliver A Better Tomorrow
In February 2019, we announced that we were entering into a multi-year global partnership with McLaren.
Our partnership, with one of the most famous names in Formula 1 motorsport, gives us truly global marketing and innovation platforms to help accelerate our journey with our New Category products, focused on creating “A Better Tomorrow” for our consumers, shareholders, society and employees.
In late 2019, we further enhanced our partnership with McLaren, signing a new agreement which will continue to support our corporate strategy by accelerating our transformation. “Accelerating Transformation” is at the heart of our commitment to achieving A Better Tomorrow by growing our portfolio of New Category products, which include our leading vapour range, VUSE, and our modern oral product, VELO. Through our partnership with McLaren, we have a “dynamic branding” approach which sees us vary our branding race-by-race, at all times in line with applicable regulations and legislation.
Our enhanced partnership includes:
Central to the partnership is also our ongoing work with McLaren Applied. BAT and McLaren share a passion for technology, innovation and design. We’re working together on a number of projects, sharing technology expertise, focused on enhancing our New Category product pipeline.
Kingsley Wheaton, BAT’s Chief Marketing Officer, said: “We’re extremely proud of our partnership with McLaren which has been going from strength-to-strength – whether it’s increased awareness of our portfolio of New Category products, technology insights and expertise to support our R&D activities or using the platform to create excitement amongst colleagues internally, we are absolutely delighted with what our partnership has delivered to date.
“Our partnership is giving us truly global marketing and innovation platforms to accelerate our journey with our New Categories business, focused on creating a better tomorrow for our consumers, shareholders, society and employees.”
Zak Brown, Chief Executive of McLaren Racing, added: “BAT’s transformation agenda remains central to this partnership, as does a shared focus on technology and innovation and we look forward to continuing our work together from 2020 and beyond.”
Watch Kingsley discuss the enhanced McLaren partnership and our New Category ambitions with Sky News Business Presenter, Ian King.