TORONTO--(BUSINESS WIRE)--Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a leading provider of international payments and foreign exchange transactions, is pleased to announce their sponsorship of Exclusive Autosport (EA), a Canadian-owned professional racing team.
In addition, Cambridge has been named the exclusive provider of cross-border payments and foreign exchange solutions for EA. EA and their team of world-class drivers will be able to utilize Cambridge’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs. Additionally, its award-winning trading platform will enable EA to manage their global payments from a single point of access.
“Cambridge is extremely excited to become a sponsor and the exclusive provider of cross-border payments and foreign exchange solutions for Exclusive Autosport’s winning team,” said Mark Frey, President, Cambridge Global Payments. “We are confident that EA, along with their team of world-class drivers that take part in open wheel formula car competitions across North America, will benefit greatly from improved access to our innovative services. We look forward to partnering for success and building the brands of both organizations, while helping EA achieve its goals both on and off the track.”
“We are thrilled to welcome Cambridge Global Payments as a sponsor and exclusive provider of cross-border and foreign exchange solutions for Exclusive Autosport,” said Michael Duncalfe, Exclusive Autosport Team Owner. “The unique suite of services that Cambridge offers will be a valuable asset to the program and will without a doubt simplify and streamline off-track operations. We look forward to a successful 2020 season and thank Cambridge Global Payments for their support.”
About Cambridge Global Payments:
Cambridge Global Payments, a FLEETCOR company, is a leading provider of integrated cross-border payment services and currency risk management solutions. As a trusted partner for more than 25 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Our award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, we are flexible and responsive, with offices and applicable licensing and regulatory approvals across North America, Europe, and Australia. Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.
About Exclusive Autosport:
Exclusive Autosport (EA) is a professional racing team dedicated to the success of its drivers in open wheel formula car competition in North America. EA operate teams in both the Ontario and Quebec Formula 1600 series in Canada (F1600 Canada/Toyo Tires F1600 Championship), as well as the Cooper Tires USF2000 Championship, Indy Pro 2000 Championship Presented by Cooper Tires and, new for 2020, the Indy Lights Presented by Cooper Tires, all part of the Road To Indy. Exclusive Autosport’s drivers have secured numerous championships, race wins, podium finishes and pole positions, as well as Rookie of the Year awards. Exclusive Management Inc., the team’s parent company, has enjoyed great success in both open wheel and sports car racing and has worked with standout drivers. Their mission is to develop drivers and prepare them for the upper echelons of professional motorsports.