Formula 1 extends DHL deal

Formula 1 extends deal with DHL - Air Cargo UAE

DHL Global Forwarding, Freight Division has acquired Deliver on Time (DOT) on the same time. The British company has experience of more than 80 years as a full-range provider of logistics solutions, specialising in motor sports, TV and broadcasting as well as international events.

Thomas Nieszner, president and global head of motorsport DHL Forwarding, Freight said, “the acquisition of DOT provides growth and produces a series of synergy effects, for example, in our range of services for Formula 1 and Formula E,.”

Under this deal DHL will remain at its position as the official logistics partner of Formula 1 and also the first official partner of the F1 eSports Series.

Fan festivals in core, growth markets of Formula 1 and new digital formats are some other initiatives planned together. DHL will also continue to present the DHL Fastest Lap Award and the DHL Fastest Pit Shop Award, two prizes for exceptional performances by racing drivers and teams.

Sean Bratches, managing director, commercial operations at Formula 1, said, “Our sport is very fast-moving, where precision and punctuality are ingredients. These attributes are also central to DHL, and this is a guarantee for the on-going success of this relationship.”

Jürgen Gerdes, board member for the Post – eCommerce – Parcel division, said, “The new parcel center that we are now setting up is in a region with particularly strong parcel growth, indeed it represents an essential component of our strategy.”

 

PC:  DHL

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