Sunday, May 19, 2024

Banco Master announce a new partnership with the Aston Martin F1 Team

The Aston Martin Aramco Cognizant Formula One Team (AMF1 Team) is pleased to announce a new partnership with Banco Master, which becomes the team’s official Brazilian Banking Partner.

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Headquartered in Sao Paulo, Brazil, Master is an investment and merchant bank specialising in loans, financial services, investments and insurance.

The arrival of Banco Master deepens AMF1 Team’s links with the nation. It has partnerships with two Brazilian financial institutions and operates a comprehensive Formula One test programme for reigning F2 Champion Felipe Drugovich, who is enrolled on the team’s Driver Development Programme.

Bank’s logos will appear on the rear wing endplates of the AMR23 at this weekend’s Miami Grand Prix.

Ana Matos, Communication & Marketing Director of Banco Master, said:

Brazil has a historical relationship with Formula One and a vast audience of sports enthusiasts. It is an honour for Banco Master to add to XP Inc.’s investment efforts in the Aston Martin F1 Team, which truly captures the intensity and excitement of the category’s racing.

Jefferson Slack, AMF1 Team Managing Director, Commercial & Marketing, said:

It’s incredibly exciting to welcome Banco Master – another ambitious and innovative Brazilian brand – into our partnership portfolio. We are thrilled to be able to help and support the future of Brazil’s motorsports legacy – we are undertaking a significant development programme with Felipe as he learns more about the science and engineering of Grand Prix racing – and we are keen to help further the growth of Formula One across Brazil.

About Banco Master

Founded in 2018, Banco Master is a Brazilian investment and commercial bank offering companies and individuals personal and payroll loans, financial services, insurance and investment banking.

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Master sees itself as a financial broker and an ally for its clients’ businesses, relying on a team of analysts to evaluate and provide solutions for corporate restructuring and turnaround.

With a lean model, without physical branches, the bank offers services such as digital checking accounts, investment banking, ready exchange service, payroll loans and escrow accounts. Master is a private corporation based in São Paulo, Brazil, and employs approximately 1,000 people.

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