Corpay Inc. Partners with Pramac Racing: A Strategic Move in the World of FX Solutions
1. Overview of the Partnership
On February 17, 2026, Corpay, Inc. (NYSE: CPAY), a recognized leader in corporate payments, announced a significant agreement with Pramac Racing Limited, one of the most innovative teams in the MotoGP World Championship. This collaboration designates Corpay Cross-Border as the Official Commercial Foreign Exchange (FX) Partner and Premium Partner of Pramac Racing. This strategic partnership is expected to enhance Pramac Racing’s financial operations, particularly in mitigating foreign exchange exposure.
2. Enhancing Financial Operations
The core of this partnership lies in Corpay Cross-Border’s ability to provide innovative solutions that cater to the day-to-day foreign exchange needs of Pramac Racing. By leveraging Corpay’s advanced platform, the racing team will be able to manage its global payments seamlessly from a single point of access. This is particularly important in the fast-paced world of motorsport, where financial agility can directly impact operational efficiency and competitive performance.
Brad Loder, Chief Marketing Officer of Corpay Cross-Border Solutions, expressed enthusiasm regarding the collaboration, stating, “The MotoGP World Championship represents the pinnacle of motorcycle road racing, and we are honoured to be named the Official Commercial FX Partner of Prima Pramac Racing.” Loder emphasized the benefits that Pramac Racing will gain from access to comprehensive FX risk management and cross-border payments solutions, highlighting Corpay’s experience within the elite sports landscape.
3. Who is Pramac Racing?
Pramac Racing has established itself as a formidable contender in the MotoGP arena since its debut in 2002. Initially partnering with Honda, the team made a significant switch to Ducati in 2005, earning factory support from Borgo Panigale. From 2021 to 2024, Pramac Racing was awarded the title of MotoGP Best Independent Team and made history as the first privateer team to clinch the MotoGP Team World Championship in 2023. Following this success, the team also won the MotoGP Riders World Championship in 2024. In 2025, they began a new chapter by partnering with Yamaha, competing under the name Prima Pramac Yamaha.
4. The Significance of the Agreement
This partnership is not just beneficial for Pramac Racing; it also reinforces Corpay’s positioning in the sports industry as a reliable financial partner. By aligning itself with a team that has a proven track record of excellence and innovation, Corpay can enhance its brand visibility and credibility within the competitive landscape of corporate payments.
This agreement is also indicative of a broader trend where financial service providers are increasingly recognizing the value of partnerships in high-stakes environments like professional sports. By offering tailored financial solutions that address the unique challenges faced by teams, companies like Corpay are carving out a niche in an industry that demands precision, speed, and reliability.
5. Conclusion
The partnership between Corpay Cross-Border and Pramac Racing marks an exciting chapter for both entities. As Corpay continues to innovate and expand its services, the collaboration will undoubtedly pave the way for enhanced operational efficiency and financial management for Pramac Racing. This agreement not only showcases Corpay's commitment to the sports industry but also highlights the growing importance of effective foreign exchange solutions in global business operations.