Thursday 07 July 2022

Ice and McLaren launch new partnership with focus on sustainability and diversity

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NEW YORK, USA – Intercontinental Exchange, Inc and McLaren Racing have announced that ICE has become an Official Partner of the McLaren MX Extreme E Team, which races in a new all-electric series featuring male and female drivers behind the wheel. This is the first year that McLaren has entered the Extreme E series, now in its second season. The series is designed to focus attention on sustainability and diversity in the sport around the globe.

The multi-year partnership between ICE and McLaren Racing will be launched Tuesday with a series of events at the New York Stock Exchange, an ICE exchange, in which McLaren Racing CEO Zak Brown, driver Tanner Foust, and engineer Leena Gade will ring the Closing Bell.

ICE and McLaren form a natural partnership, with the winning legacy of both organizations drawn from their enduring focus on data and technology. ICE was founded to help modernize trading in energy markets and has since leveraged its technology to make markets around the globe more efficient, transparent and sustainable. Today ICE operates the world’s most liquid environmental markets, offering environmental, social and governance (ESG) data to investors and public corporations, and providing tools to help listed companies manage their sustainability efforts.

Highlighting the new partnership’s focus, the Number 58 McLaren Extreme E race car will appear on NYSE’s Experience Square in Lower Manhattan on Tuesday morning. Later in the day, ICE CMO Stephanie Dobbs Brown will host McLaren Racing CEO Zak Brown, McLaren MX Extreme E Driver Tanner Foust, and McLaren Racing Senior Principal Race Engineer Leena Gade at a news conference in the NYSE’s Board Room before moving to the iconic Trading Floor to ring the Closing Bell on Tuesday afternoon.

“I’ve been a fan of Zak Brown and McLaren Racing for years, and our team could not be more excited about becoming an Official Partner of the McLaren Extreme E Team,” said Jeff Sprecher, Founder, Chair and CEO of ICE. “ICE and McLaren are both driven by the use of data and technology to create a competitive advantage. We look forward to collaborating with McLaren Racing, not only to make an impact in the thrilling all-electric Extreme E championship, but also to join the leadership effort in the development of sustainable technology.”

“Partnering with a leading global name in financial markets like ICE is a fantastic moment for McLaren Racing. Like us, ICE targets authentic brand engagement driven by data and technology, and we look forward to joining them at the New York Stock Exchange to celebrate this new partnership,” said Zak Brown, CEO of McLaren Racing. “ICE aligns with our commitment to sustainability, including DE&I. This makes Extreme E a perfect platform to carry our partnership and raise awareness of the impact of climate change, while promoting a more level playing field for gender equality.”

The Extreme E series requires male and female driver lineups as the teams compete in electric SUVs on off-road courses located in remote parts of the world. The unique locations on the Extreme E schedule help to raise awareness about the environmental challenges of those regions. Beginning with the 2022 Extreme E season, ICE’s logo will be represented on the chassis side and roof of the McLaren MX Extreme E car, and on the racing overalls and helmets of Foust and teammate Emma Gilmour, starting with the recent race in Saudi Arabia.

ICE’s partnership with the McLaren MX Extreme E team represents the next chapter in a growing relationship, with Zak Brown currently appearing in the ICE advertising campaign, “Make the Connection,” which focuses on using data as a competitive advantage.

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