Sky News has learnt that McLaren Applied Technologies (MAT), a subsidiary of McLaren Technology Group, will announce a new venture with Deloitte that will target the delivery of £1bn of annual benefits to the professional services firm's clients by 2022.
The partnership is expected to be launched on Tuesday, according to a person close to McLaren.
Both companies declined to comment on Monday.
The new alliance will seek to develop products based on the technical expertise of MAT's engineering and analytics functions drawn from the McLaren motorsport operations.
McLaren's F1 team is experiencing a torrid period, but hired Zak Brown, a leading industry executive, to help turn around its fortunes, following the acrimonious departure of veteran chief Ron Dennis.
A source close to the talks between McLaren and Deloitte said their new partnership would create scores of jobs focused on devising data-generated products for us in industries such as healthcare, retail and transport.
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The partnership is expected to be launched on Tuesday, according to a person close to McLaren.
Both companies declined to comment on Monday.
The new alliance will seek to develop products based on the technical expertise of MAT's engineering and analytics functions drawn from the McLaren motorsport operations.
McLaren's F1 team is experiencing a torrid period, but hired Zak Brown, a leading industry executive, to help turn around its fortunes, following the acrimonious departure of veteran chief Ron Dennis.
A source close to the talks between McLaren and Deloitte said their new partnership would create scores of jobs focused on devising data-generated products for us in industries such as healthcare, retail and transport.
Read More
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