|
Global
logistics, shipping and marine services company, the GAC Group, has entered
into a partnership agreement with the top Formula One (F1) motor racing
team, AT&T Williams, to develop cost efficient logistics services in support
of their efforts to meet the demands of an industry-wide cost reduction
programme.
Cutting costs
The strategic partnership will help the AT&T Williams team respond
effectively to increasing pressure to reduce costs in the sport.
Under the AT&T Williams agreement, GAC will provide efficient logistics
support in connection with the company’s Formula One freight requirements
and oversee the management of the equipment for a challenging global
programme that visits 19 different countries on five continents in nine
months.
GAC
will also provide logistics services from the new Williams Technology Centre
in Qatar, the first Formula One-related technical centre outside the sport’s
traditional heartland of Europe. There, Williams will be developing
simulator technology and their F1-derived Kinetic Energy Recovery System (KERS)
which allows energy to be recovered and stored in a flywheel for a wide
range of environmentally-friendly civil and industrial applications. GAC is
responsible for shipping equipment to Qatar and providing day-to-day support
at the facility.
As a result of the partnership, the GAC logo will get a boost thanks to
prominent branding opportunities on the AT&T Williams race cars, race trucks
and other areas in the team environment, commencing at the opening race of
the 2010 Formula One season in Bahrain. The GAC Group will also be well
placed to offer its services to AT&T Williams’ business associates and
suppliers.
On track
The agreement is GAC’s first collaboration with a Formula One team. Group
Commercial Vice President, Bill Hill, says: “We are excited to be able to
partner with AT&T Williams in their logistics needs. With GAC’s global
network,
resources and track record in sports and automotive logistics, I am
confident we will be well on track to support AT&T Williams in their bid to
reduce overall operations costs.”
Some of GAC’s sport clients have included the Doha Asian Games, MotoGP, the
A1 Grand Prix, World Rally Championship, the eco-powerboat ‘Earthrace’ and
Manchester United Soccer Schools.
AT&T Williams Team Principal Sir Frank Williams said, “We are delighted to
have formalised a partnership with a logistics specialist. I am impressed
with GAC’s proactiveness, creativity and resourcefulness in helping us
implement the most cost and time efficient logistics solutions. I believe
that this is a start to a long and successful partnership.” |