Regnology, a leading German Regtech company, is set to purchase Wolters Kluwer's Financial Regulatory Reporting (FRR) division.
Revolut and Audi Form Innovation-Focused Partnership for Formula 1 Team
In a strategic move, Revolut and Audi's Formula 1 team have announced a multi-year partnership starting from Audi's debut F1 season in 2026. This collaboration positions Revolut as the title partner of the team, replacing Stake, and is described as a "landmark agreement."
The partnership is built around integrating Revolut's financial technology extensively into Audi F1's financial operations, enhancing fan engagement during race weekends, and providing exclusive benefits to Revolut customers. With over 60 million customers worldwide, this collaboration promises new ways for fans to interact with the sport and offers exclusive features for Revolut users.
Revolut Business will be extensively integrated into Audi F1’s financial and merchandise sales operations, aiming to leverage financial technology to enhance operational efficiency and customer experience. The digital-first solutions provided by Revolut will power key areas of the future Audi F1 Team's operations from 2026.
Nik Storonsky, the CEO of Revolut, and Jonathan Wheatley, the Team Principal of the future Audi F1 Team, share a core ethos of innovation and relentless ambition. This partnership is a strategic alliance engineered to challenge conventions in motorsport and redefine how fans and communities engage with the future Audi F1 Team, delivering a seamless and engaging experience on and off the track.
The agreement does not specify a fixed duration beyond the 2026 FIA Formula One World Championship. This partnership marks a significant step for Revolut as it scales its global customer base and expands its presence in sport.
Audi will fully take over Sauber to create its F1 works team, with the race car design continuing in Switzerland and the engine headquarters in Germany, aligning with a new era of F1 regulations starting in 2026. This partnership aims to create new opportunities for fan engagement during race weekends and introduces Revolut's payment solutions to the team's merchandise platforms.
It is important to note that this partnership does not indicate any changes to the Audi Formula 1 Team's current drivers or management. Furthermore, the partnership does not mention any financial details or terms.
This collaboration reflects a strategic alliance built around innovation in financial technology and motorsport operations to drive brand growth, operational excellence, and enhanced fan experiences in Formula One. As both Audi and Revolut view this partnership as a platform to support their long-term growth and technological ambitions, the future of Formula 1 is set to be an exciting one.
The collaboration between Revolut and Audi's Formula 1 team, a "landmark agreement," will see Revolut's financial technology integrated into Audi F1's business operations, aiming to enhance operational efficiency. This strategic partnership in the fintech industry also promises new ways for fans to engage with the sport during race weekends, leveraging technology to deliver exclusive benefits to Revolut customers. Despite neither mentioning specific financial details or terms, both parties view this alliance as a platform to support their long-term growth and technological ambitions in finance and sports.