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FedEx Express Named Sponsor and Logistics Partner of The Vodafone McLaren Mercedes Formula One Team

Brussels, Belgium - January 15, 2007 - FedEx Express and the Vodafone McLaren Mercedes Formula One Team have today announced their intention to enter into a long term sponsorship agreement. The deal will bring together the world's largest express transportation company and one of the most successful Formula One racing teams.

FedEx Express and the Vodafone McLaren Mercedes Team were both built on the same set of values: leadership, teamwork, integrity, and a commitment to "be the best". The proposed arrangement entitles FedEx to prominently display its logo on the collar of the team's drivers overalls making it visible to a world-wide monitored audience of 2.75 billion viewers.

Robert W Elliott, president, FedEx Express Europe, Middle East, Indian subcontinent and Africa said:  "We are absolutely thrilled to mark our 10th anniversary in Formula One by being a part of the Vodafone McLaren Mercedes Formula One team which has an outstanding record in F1 and one of the most impressive drivers line-up on the grid with two-time defending World Champion Driver, Fernando Alonso and Lewis Hamilton. I have no doubt Fernando will again be the driver to beat this year as he aims to win his third championship in a row. " 

The McLaren Formula One team was formed in 1963 by New Zealander Bruce McLaren and scored its first race win in 1968.  Since then it has achieved un-precedented success in Formula One racing.  This success includes a record 11 Drivers' World Championship titles, eight Constructor's World Championships, the highest number of double race wins (14) of any pair of Formula One drivers and the most grand prix wins in a season (15 out of 16).

Ron Dennis, team principal, Vodafone McLaren Mercedes Formula One Racing team and CEO and Chairman, McLaren Group said: "I am pleased that FedEx Express, a truly outstanding company, has joined our Team, and am proud the company's logo, one of the world's most respected and well-known, will adorn our driver's overalls as we seek to add to our Grand Prix and World Championship success this season." 

The Vodafone McLaren Mercedes MP4-21 Formula One cars in their 2007 livery were presented to the public on 15 January at 19:00 in Valencia, Spain at the Cuidad de las Artes y las Ciencias, with Alonso and team-mate Lewis Hamilton providing a breathtaking demonstration of the cars. Later this evening, the Team's 2007 World Championship Challenger MP4-22 will be unveiled at a separate event.  More information can be found at  www.mclaren.com.

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About FedEx Express
FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.


Media contacts:
Geoffrey Pomerantz, FedEx Express: +44 781 388 6915

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