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Press release

Paysafe partners with top-ranked Canadian open-wheel rookie, Zachary Claman DeMelo in his Verizon IndyCar Series debut

Paysafe secures naming rights to the No.13 Rahal Letterman Lanigan Honda for the GoPro Grand Prix of Sonoma

MONTREAL, 5 September 2017 – Paysafe, a leading global payments provider, today announced a partnership with Zachary Claman DeMelo who will pilot the No. 13 Rahal Letterman Lanigan Paysafe Honda at the GoPro Grand Prix of Sonoma on September 17. 

This race partnership, which also marks Paysafe’s debut in the Verizon IndyCar Series, celebrates a mutual focus on performance at the highest level. 

DeMelo, one of the youngest drivers to race in the Verizon IndyCar Series at just 19 years old, was the third highest point scorer in IndyCar’s official feeder series, Indy Lights, throughout the second half of the championship. In the final eight races, DeMelo earned a race win, four podium finishes, and was the lone driver to finish in the top six or better eight consecutive times. Additionally, DeMelo is no stranger to the Verizon IndyCar Series, having served as a test-driver for Schmidt Peterson Motorsports Indy car program over the past two seasons. Zach’s Indy car testing experience paired with his rank in the Indy car feeder series makes him the highest ranked Canadian rookie currently eligible to compete in the Verizon IndyCar Series.

Having driven innovation in payments since 1996, Paysafe knows success is predicated on agility in fast paced environments, and the ability to leverage latest technologies. 

“Paysafe and DeMelo share a common desire to perform at the highest level based on anticipation, execution, speed and safety,” said Oscar Nieboer, Chief Marketing Officer, Paysafe. “DeMelo’s potential has paved the way for him to become one of the youngest drivers to race in the Verizon IndyCar Series and Paysafe is proud to support such up and coming talent.” 

“DeMelo embodies the spirit that defines Paysafe and reflects our track record in championing new and emerging opportunities as a business,” added Nieboer. We look forward to the double debut of DeMelo and Paysafe on the track in Sonoma.”

"Paysafe's strength and momentum as a leading payments company will be well represented on the track on September 17," said Zachary Claman DeMelo, Indy car driver for Rahal Letterman Lanigan Racing.  "I am extremely proud to have the Paysafe logo on my uniform and car as my dream of driving in the Verizon IndyCar Series becomes a reality.” 

The GoPro Grand Prix of Sonoma will be televised live on NBCSN at 6:30 p.m. ET on September 17.

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DISCLAIMER (14 September 2017): This is an updated version of the Press Release originally issued on September 5. It has been amended to reflect a change to Claman DeMelo’s car number, which is now No. 13 Rahal Letterman Lanigan Paysafe Honda (rather than No. 16).

About Paysafe

Paysafe is a leading global provider of end to end payment solutions. Our core purpose is to enable businesses and consumers to connect and transact seamlessly through our industry-leading capabilities in payment processing, digital wallets and online cash solutions. Delivered through an integrated platform, our solutions are geared towards mobile-initiated transactions, real-time analytics and the convergence between bricks-and-mortar and online payments. With over 20 years of online payment experience, a combined transactional volume of US$48 billion in 2016 and over 2,300 staff located in 12 global locations, Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world. Paysafe Group plc shares trade on the London Stock Exchange under the symbol (PAYS.L). For more information, visit: www.paysafe.com

Follow Paysafe on Twitter / LinkedIn / Google +stories.paysafe.com 

About Zachary Claman DeMelo

Zach began his campaign to reach the highest tiers of motorsports in 2006 (aged 8), when he was discovered by a group of professional drivers at the local go-karting track, and at age 12, Zach seized his first Canadian National Karting Champions. By 2015 (aged 16), Zach claimed two additional Canadian National Championships and made the jump to open-wheel racing in Europe’s Formula 3 MSV Cup, where he posted an undefeated record while only competing part-time. In 2016 (aged 17), Zach landed his first full-time open-wheel drive in the Verizon IndyCar Series' official feeder series, called Indy Lights, with the 2015 defending champions, Juncos Racing. 

In 2017, Zach’s results drew the attention of Carlin Motorsports, the 2016 defending champions competing. Upon signing with Carlin for his sophomore season in Indy Lights, Zach earned his first Indy Lights race win, set 3 fastest laps, and delivered seven top 5 and thirteen top 10 finishes, and in just his second year in open-wheels racing, Zach is already exceeding the pace of his Indy Lights competitors with up to triple his experience. 

About Rahal Letterman Lanigan Racing

Rahal Letterman Lanigan Racing, based in Hilliard, Ohio and Brownsburg, Ind., is co-owned by three-time IndyCar Champion and 1986 Indianapolis 500 winner Bobby Rahal, former CBS Late Show host David Letterman and Mi-Jack co-owner Mike Lanigan. In 2017, the team will compete in their 26th year of open wheel competition and attempt to add to their 23 wins – including the 2004 Indy 500 from pole with Buddy Rice — their 29 poles, 91 podium finishes and 1992 series championship. The team also competed in the American Le Mans Series from 2009-2013 as BMW Team RLL where they won both the Manufacturer and Team Championships in the GT category in 2010 and swept all three GT titles in 2011 – Manufacturer, Team and Driver. In 2012, the team finished second in the Team Championship and third in the Manufacturer Championship and in 2013, the team finished second in the Driver, Team and Manufacturer Championship. In 2014, BMW Team RLL moved to the GTLM class of the United SportsCar Championship with a two-car program and earned six podium finishes including four second-place finishes. In 2015, the team earned three wins, two poles and a total of eight podiums to finish second in the Manufacturer, Team and Driver championships and in 2016, BMW Team RLL added two poles and three podiums with their BMW M6 GTLM entries to bring their total to 13 wins, 22 poles and 60 podium finishes. The team has earned two wins and a total of five podium finishes to date in 2017.

For further information, contact:

Paysafe Group plc
Amy Gregus / Head of Corporate Communications, North America
T: +1 514-294-0247 / E: amy.gregus@paysafe.com 

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