Accelerate your ambition with Airwallex this racing season

UPDATE: Competition is now closed. Winners will be notified in the coming days.

Airwallex helps McLaren's Formula 1 team to run their financial operations with the same speed, precision, and performance that they show on the track.

Now it’s time to put your business in the fast lane with the opportunity to win over $30k worth of cash and prizes to fuel your ambition.

*This competition is open to any Australian resident aged 18 years or over who is employed by or owns a business in Australia. View the full competition terms and conditions here.

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*This competition is open to any Australian resident aged 18 years or over who is employed by or owns a business in Australia. View the full competition terms and conditions here.

What you could win

Business Acceleration Grant

Win a $10,000 grant to accelerate your business and make your global ambition a reality.

VIP tickets to an exclusive race week experience

Win 1 of 50 tickets to our exclusive off-track pre-race Homecoming Party for Oscar Piastri in Melbourne.

Signed Oscar Piastri Replica Race Helmet

Win a standard sized Oscar Piastri replica helmet, signed by the driver himself.

McLaren Merchandise

Win Airwallex x McLaren Formula 1 Team backpacks, thermal bottles, and caps so you can be part of our all-star team.

How to get onboard

Are you a business owner or an employee looking to speed up your business in 2024? Airwallex is giving you the opportunity to drive your aspirations forward, inspired by our partnership with McLaren Racing.

21 Feb

Start your engines. Fill out the form to tell us how you want to accelerate your business.

19 Mar

Pump the brakes while our judging committee reviews all the entries.

20 Mar

Winners will be notified via email. It's time to refresh your inbox!

A partnership engineered for excellence

Airwallex Testimony

“In the competitive world of Formula 1, efficiency and performance are crucial both on and off the track. We are delighted to have Airwallex on board and use their innovative and trusted payment solutions to support our team’s financial operations.”

Zak Brown

CEO at McLaren Racing

Airwallex Testimony

“There are very few brands that match McLaren’s heritage and global appeal. Like McLaren, Airwallex is constantly innovating to move faster and with greater precision – with a product that unites people around the world. Our partnership will play a key role in supporting our global expansion, and we look forward to working with the McLaren team in 2024 and beyond to support our mutual growth.”

Jack Zhang

CEO and Co-Founder of Airwallex

Frequently asked questions

Who is eligible to enter the competition?

Any Australian resident aged 18 years or over who is employed by or owns a business can enter. Unfortunately, if you’re an employee or family member of Airwallex or our related companies then you won’t be able to participate.

How will winners be selected?

This competition is a game of skill. A game of skill is a competition which requires an entrant to apply a level of thought and skill to their entry, and where the winner/s are determined based on qualitative methods rather than chance. In this case, winners will be determined by the entrant completing the entry form and answering the question: “If you could improve your financial processes in 2024, how would you do it and why?”. Entries will be judged by Airwallex based on the creativity of the response. Refer to the competition terms and conditions for more detail.

How can Airwallex help my business?

Airwallex is a leading global financial platform for modern businesses, offering trusted solutions to manage everything from payments, treasury, and spend management to embedded finance. With our proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. Proudly founded in Melbourne, Airwallex supports over 100,000 businesses globally and is trusted by brands such as Brex, Rippling, Navan, Qantas, SHEIN and many more.

What is McLaren Racing?

McLaren Racing was founded by racing driver Bruce McLaren in 1963. The team entered its first Formula 1 race in 1966. McLaren has since won 20 Formula 1 world championships, 183 Formula 1 grands prix, the Indianapolis 500 three times, and the Le Mans 24 Hours at its first attempt.  

McLaren Racing competes across five racing series. The team competes in the FIA Formula 1 World Championship with McLaren F1 drivers Lando Norris and Oscar Piastri, the NTT INDYCAR SERIES with Arrow McLaren drivers Pato O’Ward, Alexander Rossi and David Malukas, the ABB FIA Formula E World Championship with NEOM McLaren Formula E Team drivers Jake Hughes and Sam Bird, and the Extreme E Championship as the NEOM McLaren Extreme E Team. The team also competes in the F1 Sim Racing Championship as McLaren Shadow, having won the 2022 Constructors’ and Drivers’ Championships.

How is Airwallex working with McLaren Racing?

McLaren uses Airwallex to optimize its supply chain payments for all Grands Prix. McLaren’s previous approach limited payment to suppliers, such as hotel and event space providers, to a singular currency account, based in the UK, resulting in high foreign exchange (FX) charges, slow transfer time, and additional SWIFT fees.

Airwallex’s financial technology unlocks multi-currency payment options for McLaren, providing the company the ability to hold core currencies and exchange them with speed and ease at any point. By leveraging our extensive global proprietary payment rail network, Airwallex can help to reduce the amount of SWIFT fees that may be payable.

As part of this partnership, Airwallex will also provide technology to support the launch and ongoing operation of McLaren’s digital partner merchandise platform - further enhancing their multi-currency collection capabilities and allowing them to offer a broad range of global and local payment options.

How can local currency accounts help my business save on transaction fees?

Local currency accounts can be used to avoid unnecessary conversion fees and to save on everyday expenses. You can collect payments from your international customers in their preferred currency and then spend those proceeds later in the same currency (for example, to pay global suppliers and employees), thereby eliminating unnecessary conversion fees. You can also benefit from holding funds in a foreign currency until FX rates are favourable enough to convert these funds to your home currency.

Ready to accelerate your ambition?