financemagnates.com
eToro, a leading social investment network, recently announced that the company has collaborated with Racing League to become the official partner of a team competing in Racing League 2021.
According to an announcement, Yorkshire trainers Richard Fahey and Tim Easterby will be a part of eToro Racing and William Easterby will serve as the Racing Manager. The company also highlighted the names of the jockeys.
Paddy Mathers, David Allan, and Paul Hanagan will participate in distinctive green colors. The mentioned group is one of the two teams from Yorkshire competing in the Racing League.
Commenting on the latest partnership, Dylan Holman, global sponsorship senior manager at eToro, said: “We are delighted to add eToro Racing to our global sponsorship program. As a leading investment platform with over 20m registered users worldwide, we believe sponsorships are a powerful tool for delivering financial education and opening up the global markets to everyone. We are excited to be partnering with Racing League and see this as an opportunity to reach a new community and get more people interested in investing.”
Earlier this month, eToro announced a partnership with Rugby Australia and became the sponsor of the team till the end of 2023. The broker first tied up with Rugby Australia in 2020 for the sponsorship of 2020 Tri-Nations.
Sports Sponsorship Portfolio
eToro has a broad global sports sponsorship portfolio. The company formed several partnerships with some of the leading football clubs in the UK and Germany. “eToro are the leading brand in their space and we are very lucky to have them as a team partner. They will offer our audience the chance to learn about trading, whether stocks or crypto, via bespoke webinars and educational content. It really is a great partnership with a brand that has a growing presence in the sport worldwide,” Oli Harris, CMO at Racing League mentioned in the press release.
In April 2021, eToro expanded its product offering with a new stocks portfolio including companies like Canaan, Nvidia, and PayPal.