“Can a legacy motorsport team operate with the financial agility of a modern global fintech-enabled business?”
McLaren Racing is the motorsport arm of the McLaren Group, a British F1 team founded in 1963 by Bruce McLaren. While not a fintech, McLaren has invested heavily in modernizing its finance function under CFO Laura Bowden — adopting Workday for financial planning (2023) and Airwallex for global cross-border treasury and supplier payments (2024). The 2026 naming-rights partnership with Mastercard further deepens its embedded finance footprint, though that relationship is primarily a commercial sponsorship rather than a technical integration.
McLaren Racing discloses Airwallex as its banking provider, according to the Embedded Finance Index 2026.
McLaren Racing does not disclose a bank charter of its own; its banking services are provided through Airwallex.
McLaren Racing processes payments through Airwallex.
McLaren Racing uses Airwallex for FX and cross-border payouts.
McLaren Racing's payroll is powered by Workday.
McLaren Racing integrates with Workday Financial Management and Workday Adaptive Planning.
The Embedded Finance Index 2026 maps 7 layers in McLaren Racing's stack: Payments / PSP (Airwallex); Banking / BaaS (Airwallex); Payroll (Workday); Unified APIs (Airwallex); FX & payouts (Airwallex); Accounting (Workday Financial Management and Workday Adaptive Planning); Spend / AP (Airwallex).
McLaren Racing was founded by Bruce McLaren and is founded in 1963, headquartered in Woking, Surrey, United Kingdom.
Get a read on where your own stack stands against McLaren Racing and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.