Snapshot
December 07, 2015

Puma signs on as supplier for Red Bull Racing

Participating in this sponsorship deal:

Data Data?1415811735

About Sponsor:

Puma SE, officially branded as PUMA, is a major German multinational company that produces high-end athletic shoes, lifestyle footwear and other sportswear. Formed in 1924 as Gebrüder Dassler Schuhfabrik by Adolf and Rudolf Dassler, relationships between the two brothers deteriorated until the two agreed to split in 1948, forming two separate entities, Adidas and Puma. Puma is currently based in Herzogenaurach, Germany.

About Property:

Red Bull Racing is a Formula One racing team based in Milton Keynes, England which currently holds an Austrian licence. It is, along with Scuderia Toro Rosso, one of two teams owned by beverage company Red Bull GmbH. The team has won two Constructors' Championship titles, in 2010 and 2011, becoming the first Austrian licensed team to win the title. The team also produced the dual world champion driver of 2010 and 2011, Sebastian Vettel. The team is managed by Christian Horner, boss of the Arden International GP2 Series team. The team has used Renault engines since 2007, and have a contract to do so until 2016.

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Red Bull Racing is excited to announce that it has agreed a long-term partnership with PUMA, as Team Partner and Supplier of Race and Teamwear as well as Licensed Partner for the 2016 Formula One season and beyond. This new partnership aims to reinvent the concept of Formula One fashion. PUMA will apply a unique and energetic approach to its licensed product collection with Red Bull Racing that will result in innovative, eye-catching designs in lifestyle and replica ranges, as well as race and teamwear.The strong synergy between these two brands presents an exciting opportunity to activate global marketing initiatives as Red Bull Racing delivers F1 power to PUMA in support of their mission to become the fastest sport brand in the world. The team will be part of PUMA's elite partnership portfolio, joining the likes of Usain Bolt, Arsenal Football Club and the Italian National Football team.Red Bull Racing's history with PUMA goes all the way back to its first years in F1 and this new agreement revitalizes a highly successful relationship enjoyed by the two between 2007 and 2010.Commenting on the reinvigoration of the partnership between the team and PUMA, Christian Horner, Red Bull Racing Team Principal said: "We are looking forward to working with PUMA once again. This new partnership fits in with a global partnership that already exists between Red Bull and PUMA, involving athletes in other disciplines, the Wings For Life charity and various other Red Bull projects. The licensed collection that will launch in 2016 is looking fantastic; I'm sure the fans are going to love it."Björn Gulden, Chief Executive Officer for PUMA added: "PUMA and Red Bull have a great brand synergy, and this new partnership with Red Bull Racing is another big statement for PUMA. There is huge potential within the wider Red Bull organisation to build upon this partnership and explore new territory, and there is an enthusiasm amongst both companies to do so. Red Bull Racing is a great team with massive appeal, and this is another positive step in our desire to become the Fastest Sport Brand in the World."
Read more at www.infiniti-redbullracing.com »
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