Okta Enters Multiyear Partnership With McLaren Racing Formula 1 Team; Shares Rise

MT Newswires Live

2025/01/28

Okta (OKTA) said Tuesday it will work with McLaren Racing to explore new ways to protect and improve how various McLaren Racing stakeholders access their apps and platforms under a multiyear partnership with the McLaren Formula 1 Team.

Okta will be an official partner of McLaren for the 2025 season and beyond, the company said.

Okta also said it will look to support McLaren Racing in further streamlining the team's digital infrastructure following the completion of initial deployment.

The company's shares were up 4.6% in recent trading.

Price: 95.08, Change: +4.18, Percent Change: +4.59

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