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Deloitte has recently announced a multi-year extension to its partnership with McLaren Racing, therefore continuing as the official transformation partner of the McLaren Formula 1 team for the 2023 season.
Since 2020 the two have been working closely to help enhance the performance of McLaren F1 team and its operations, which includes capturing and analysing data to optimise car performance and applying digital twin simulation to help inform race day decision-making.
Matt Dennington, executive director, partnerships & accelerator, McLaren Racing, said: “We are delighted to extend our long-standing relationship with Deloitte. As a key collaborator in our sustainability journey, Deloitte supports our desire to explore opportunities to accelerate our progress.
“In Formula 1 we have both the responsibility and the opportunity to develop innovative solutions to make a positive impact on the fight against climate change. Our ambitions with Deloitte will push for tangible innovation in circularity, finding solutions that can make our team, sport and the wider world, more sustainable.”
Deloitte will help to further embed circularity, the concept of eliminating waste and maximising resources through reuse and recycling, into McLaren’s sustainability mission and net zero targets.
The accountancy firm has a strong track record of helping organisations define a path to a more sustainable future through its global practice, Deloitte sustainability & climate, offering integrated sustainability and climate change services.
Jennifer Steinmann, Deloitte global sustainability & climate practice leader, said: “In order to achieve the goals of the Paris Agreement, every sector of society—including sports—must rapidly accelerate climate action in the near-term. At Deloitte, we are looking forward to building upon our successful collaboration with McLaren Racing to help facilitate its transition to a more circular, sustainable future.
“Deloitte’s sustainability and climate specialists will work with McLaren Racing to research and develop the concept for a fully circular F1 car. By prioritising sustainability and performance, McLaren Racing is playing an important role in shaping the future success and growth of the sport.”
