Stripe takes its payments infrastructure to the Mercedes F1 operation
Stripe has signed a multi-year global partnership with the Mercedes-AMG PETRONAS F1 Team, bringing its payments technology into the team’s commercial operations, with branding set to appear from the 2027 season.
Type: Distribution, global payments infrastructure
Sport: Formula 1 / Motorsport
Announced: October 2026
- Stripe becomes the team’s Official Global Payments Partner and an Official Team Partner, supporting commercial operations across multiple markets, currencies and customer touchpoints. The agreement covers areas including merchandise, fan experiences, partner relationships and international transactions, with Stripe’s infrastructure intended to simplify how the team manages payments and financial interactions worldwide.
- The partnership will roll out in stages. The first product deployments are scheduled for selected races during the remainder of 2026, beginning with the team’s retail experience. Stripe branding will debut on the cars and across team assets from the first race of the 2027 Formula 1 season.
- Richard Sanders, Chief Commercial Officer at Mercedes-AMG PETRONAS F1 Team, said: “As part of such a global sport, we operate across multiple markets, currencies, and customer touchpoints, from merchandise and experiences to partner relationships and international transactions. Stripe’s platform will help us simplify and strengthen the way we manage those interactions, creating a more seamless experience for fans, partners and stakeholders around the world.”
- Stripe co-founder and President John Collison linked the partnership to the team’s engineering-led approach, saying: “That combination resonates with how we build at Stripe. We’re looking forward to applying that same approach to the financial infrastructure supporting their next stage of growth.”
- The announcement also brings Mercedes-AMG PETRONAS F1 Team Principal and CEO Toto Wolff onto Collison’s Cheeky Pint podcast, released alongside the partnership news. The conversation adds a leadership angle to the collaboration between the global payments company and one of Formula 1’s leading teams.
Follow FinTech in the Arena for coverage of every fintech x sport deal>
Comments ()