Corpay Secures MotoGP Partnership to Expand Cross-Border FX Services
Event summary
- Corpay Cross-Border has become the Official Commercial FX Partner and Premium Partner of MotoGP racing team, Prima Pramac Racing.
- The partnership will leverage Corpay’s FX risk management and cross-border payments platform to support Pramac Racing’s financial operations.
- Pramac Racing, previously supported by Ducati, now partners with Yamaha, competing as Prima Pramac Yamaha and BLU CRU Pramac Yamaha.
- Pramac Racing has been recognized as MotoGP Best Independent Team (2021-2024) and won the MotoGP Riders World Championship in 2024.
The big picture
This partnership represents Corpay’s continued push to expand its Cross-Border services and deepen its penetration into the global corporate payments market. Securing a sponsorship with a prominent MotoGP team provides Corpay with a unique marketing platform and access to a network of international businesses. The move also highlights the growing importance of FX risk management for companies operating across borders, particularly in industries with significant international travel and payments.
What we're watching
- Brand Visibility
- The effectiveness of this partnership in raising Corpay’s brand awareness within a global, high-profile audience remains to be seen, and will be a key indicator of ROI.
- Client Acquisition
- How successfully Corpay can leverage the partnership to attract other organizations with similar FX management needs will determine the deal's long-term value.
- Competitive Landscape
- The deal signals increased competition in the corporate FX management space, as other payment providers seek similar high-profile sponsorships to gain market share.
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