ENVISION VIRGIN RACING AND PALO ALTO NETWORKS ANNOUNCE MULTIYEAR PARTNERSHIP

The global cybersecurity leader and carbon neutral Formula E Team work together to promote their shared vision for an improved and safer world

Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, and Envision Virgin Racing, the leading team in the current ABB FIA Formula E World Championship standings have announced today a multiyear partnership. Through this partnership the companies aim to raise awareness around their like-minded missions to build a safe and sustainable future.

Palo Alto Networks helps address the world’s greatest cybersecurity challenges with continuous innovations in cloud security, network security and security analytics. The company leads the way in providing cybersecurity solutions and trusted intelligence that help complex organizations securely advance in an increasingly connected society.

With this new partnership, Palo Alto Networks will become an official partner of both Envision Virgin Racing and its innovative ‘Race Against Climate Change’ sustainability programme, created to help amplify the fight against climate change and accelerate the adoption of zero emission vehicles.

This will include the enhancement and optimisation of Envision Virgin Racing’s cybersecurity solutions, which are fundamental to the digital safety of the team.

In addition, Envision Virgin Racing driver Robin Frijns, who is now second in the driver standing and a firm contender for the championship title, will also become an official ambassador of Palo Alto Networks.

As one of the founding teams of the FIA Formula E World Championship, Envision Virgin Racing — owned by world-leading greentech company Envision Group — boasts an impressive record both on and off the track. Aside from securing 11 wins and 33 podiums, Envision Virgin Racing is the first carbon neutral Formula E team (PAS 2060). It is also one of a handful to achieve the FIA’s Three Star Sustainability Accreditation, and the only team to partner with the UK government to support their ‘Together For Our Planet’ initiative and the UN’s COP26 global summit.

The partnership between the two companies will officially commence at the Formula E Season 7 Berlin E-Prix 14-15 August 2021, where the team’s race cars will also sport Palo Alto Networks branding.

Commenting on the announcement, James Mercer, commercial director at Envision Virgin Racing, said: “Both Envision Virgin Racing and Palo Alto Networks are at the forefront of new technologies that help us build a better future, and we are delighted to be joining forces with them.

“Envision Virgin Racing is driving new EV technologies that converge more and more with our daily activities, and the work that Palo Alto Networks does sits at the very centre of it, ensuring that we are all operating in a safe and happy environment,” added Mercer.

Zeynep Inanoglu Ozdemir, chief marketing officer of Palo Alto Networks, added: “True partnerships are based on a shared aspiration to create great impact in the world. Envision Virgin Racing’s commitment to its Race Against Climate Change for a better future aligns with our vision of a world where each day is safer than the one before. We value this partnership and the opportunity to amplify each other’s mission, as we both continue to make progress on emerging challenges.”

 

For more information on Envision Virgin Racing, please visit: www.envisionvirginracing.com

For further details on Palo Alto Networks, please visit: www.paloaltonetworks.com