Touting it as the world’s only partnership between a global legal practice and a Formula 1 team, Norton Rose Fulbright has announced that it has entered into “an innovative corporate partnership” with the McLaren Mercedes Formula 1 team.
The firm also announced that it has been appointed as the global legal advisor to the McLaren Group.
McLaren has an unmatched 50-year record of success in global motorsport. The McLaren Mercedes Formula 1 team, for example, has won 182 Grand Prix races and achieved 155 pole positions as well as claimed 12 drivers’ world championships and eight constructors’ championships. Under its partnership with McLaren Mercedes, Norton Rose Fulbright said it “will have unique access into the heart of one of the world’s most successful sports teams and most innovative companies, which will provide invaluable insight into high performance teamwork and instilling a winning mentality.”
As global legal advisor, Norton Rose Fulbright will work closely with McLaren Group’s in-house legal team, providing a range of services including corporate and M&A, contractual and intellectual property, real estate and employment law.
“This is an exciting partnership. McLaren Mercedes is a leading brand, as is Norton Rose Fulbright,” said Peter Martyr, global chief executive of Norton Rose Fulbright.
Timothy Murnane, group legal director of McLaren Group, added: “By becoming a corporate partner and providing worldwide legal services to McLaren Group, we aim to reinforce the importance that we place on our people’s commitment to teamwork and excellence. We have already committed to developing a joint CSR project.
“McLaren Mercedes consistently challenges itself, embraces change and maintains clear focus on the only goal that matters — to win. We see Norton Rose Fulbright as one of the leading global legal practices, combining a lengthy history with an appetite for change and a pursuit of excellence which resonates with our own corporate ideals. Our unique partnership will bring together two highly respected global businesses with the potential to achieve great things together.”
The Formula 1 championship encompasses 19 races, which are held every two weeks over a nine month period across the world, including in Canada, the United States, Asia, Australia, Europe, the Middle East, Latin America and India. The championship has 105 million viewers in 140 countries.
Norton Rose Fulbright’s appointment as global legal advisor to McLaren Group covers McLaren Racing and McLaren Applied Technologies and excludes McLaren Automotive.
