McLaren lose Tag Heuer

McLaren lose Tag Heuer

Author
Discussion

mikecassie

Original Poster:

609 posts

159 months

Tuesday 17th November 2015
quotequote all
Reported on Autosport that Tag Heuer are leaving McLaren and going to sponsor Red Bull. More woes for McLaren then, lowest Constructor position since god knows and now another Blue Chip sponsor ups and leaves.

Also the added £5 million or so that JB gets this year. No Xmas party for McLaren staff this year...

Muzzer79

9,953 posts

187 months

Tuesday 17th November 2015
quotequote all
Stone me; first Hugo Boss last year now TAG Heuer...

I'm sure they're not exactly short of cash with the kind of backing that company has but the lack of new sponsors is odd....

AndStilliRise

2,295 posts

116 months

Tuesday 17th November 2015
quotequote all
Ron Dennis is probably still demanding a premium for coming last but one in the constructors. Still they have 2 world champions driving their bag of bolts. I can't see the logic in all honesty.

The premium brands in F1 are usually the ones close to the front, when you are scrapping for race completions - how can your marketing support designer brands paying big bucks. If RD had reduced his marketing model he may have still kept Tag & Boss due to brand longevity.

Makes little sense.

supertouring

2,228 posts

233 months

Tuesday 17th November 2015
quotequote all
Some suggest that Alonso/Button may jump if they are in the same situation at the start of next year.

So any sponsor would lose one of the few reasons to stay.

FourWheelDrift

88,510 posts

284 months

Tuesday 17th November 2015
quotequote all
Curious, isn't Mansour Ojjeh still CEO of TAG? And does he still owe 25% of the McLaren Technology Group?

That was probably a tricky boardroom meeting.

Munter

31,319 posts

241 months

Tuesday 17th November 2015
quotequote all
FourWheelDrift said:
Curious, isn't Mansour Ojjeh still CEO of TAG? And does he still owe 25% of the McLaren Technology Group?

That was probably a tricky boardroom meeting.
I'm not sure TAG Heuer and TAG are still connected.

ralphrj

3,525 posts

191 months

Tuesday 17th November 2015
quotequote all
Munter said:
FourWheelDrift said:
Curious, isn't Mansour Ojjeh still CEO of TAG? And does he still owe 25% of the McLaren Technology Group?

That was probably a tricky boardroom meeting.
I'm not sure TAG Heuer and TAG are still connected.
Sold to LVMH back in 1999.

HDM

340 posts

191 months

Tuesday 17th November 2015
quotequote all
PW said:
Must be bad when sponsors would rather back a team which doesn't have engines for next year and has been saying they're on the cusp of quitting the sport entirely rather than McLaren biggrin
Although it could also confirm that Red Bull are ready to go for next year, you have to imagine that TAG Heuer did their due diligence before committing to such a move, now what happens with Casio I wonder?

m444ttb

3,160 posts

229 months

Tuesday 17th November 2015
quotequote all
Who next?! If Exxon-Mobil leave that will really complete the set.

Podie

46,630 posts

275 months

Tuesday 17th November 2015
quotequote all
I thought RB had a long standing deal with Casio?

andyps

7,817 posts

282 months

Tuesday 17th November 2015
quotequote all
As part of LVMH the TAG Heuer brand is moving from McLaren but another of their brands - Moet Hennessy - have recently joined them. So LVMH have not lost faith in McLaren.

What it has done for me though is make a TAG Heuer less desirable. For as long as I can remember I have wanted one and have recently been saving to get one (as something essentially frivolous I can't justify the spend any other way than a bit each month) but suddenly I'm not sure I want one any more. The fit of a luxury product with a fizzy drink just doesn't work for me, with the association being all wrong. With the smart watch TAG Heuer have announced I can see there being some merit to trying to appeal to a younger demographic which may be the case with Red Bull, and I'm not in that sector so maybe they don't care about me. In which case, I don't need to care about them.

Composite Guru

2,207 posts

203 months

Wednesday 18th November 2015
quotequote all
andyps said:
As part of LVMH the TAG Heuer brand is moving from McLaren but another of their brands - Moet Hennessy - have recently joined them. So LVMH have not lost faith in McLaren.

What it has done for me though is make a TAG Heuer less desirable. For as long as I can remember I have wanted one and have recently been saving to get one (as something essentially frivolous I can't justify the spend any other way than a bit each month) but suddenly I'm not sure I want one any more. The fit of a luxury product with a fizzy drink just doesn't work for me, with the association being all wrong. With the smart watch TAG Heuer have announced I can see there being some merit to trying to appeal to a younger demographic which may be the case with Red Bull, and I'm not in that sector so maybe they don't care about me. In which case, I don't need to care about them.
Yeah, that would sway me not to buy a Tag as they are in partnership with a fizzy drink company.

n3il123

2,607 posts

213 months

Wednesday 18th November 2015
quotequote all
andyps said:
As part of LVMH the TAG Heuer brand is moving from McLaren but another of their brands - Moet Hennessy - have recently joined them. So LVMH have not lost faith in McLaren.

What it has done for me though is make a TAG Heuer less desirable. For as long as I can remember I have wanted one and have recently been saving to get one (as something essentially frivolous I can't justify the spend any other way than a bit each month) but suddenly I'm not sure I want one any more. The fit of a luxury product with a fizzy drink just doesn't work for me, with the association being all wrong. With the smart watch TAG Heuer have announced I can see there being some merit to trying to appeal to a younger demographic which may be the case with Red Bull, and I'm not in that sector so maybe they don't care about me. In which case, I don't need to care about them.
I got mine as I had always aspired to one from the days of Ayrton Senna and Mclaren.

spunkytherabbit

442 posts

180 months

Wednesday 18th November 2015
quotequote all
Interesting also that all the fuel advertising boards at a local Esso station mentioning the Mclaren-Honda partnership have been covered up too. Not replaced but hastily had plain white cardboard fixed over the front of it all where staff clearly don't have the tools to get into units to remove the content.

Not necessarily saying Esso will drop Mclaren too, but also clearly not a good sign for the team where their sponsors are embarrassed to be associated with them. I don't see now how anything other than a complete turnaround next year will save the situation. Or Eric. Or Ron either. He might be a majority shareholder but surely they are into the realms of a hostile board takeover if this carries on next year?

CraigyMc

16,404 posts

236 months

Wednesday 18th November 2015
quotequote all
Composite Guru said:
Yeah, that would sway me not to buy a Tag as they are in partnership with a fizzy drink company.
smile

Moët Chandon are also a fizzy drink company, so irrespective of whether Tag are on the side of the Red Bull or the Mclaren, you'd have been in the same predicament.

I was wondering aloud in the other thread about Casio. They can't really be on the same car as Tag as they are in the same smart-watch market, so are they leaving F1 or migrating to a team with a more Japanese focus..? (OK, I was wondering if they might move to McLaren based on nothing but "they won't be on the RB, where makes sense next..").

paulyv

1,020 posts

123 months

Wednesday 18th November 2015
quotequote all
n3il123 said:
andyps said:
As part of LVMH the TAG Heuer brand is moving from McLaren but another of their brands - Moet Hennessy - have recently joined them. So LVMH have not lost faith in McLaren.

What it has done for me though is make a TAG Heuer less desirable. For as long as I can remember I have wanted one and have recently been saving to get one (as something essentially frivolous I can't justify the spend any other way than a bit each month) but suddenly I'm not sure I want one any more. The fit of a luxury product with a fizzy drink just doesn't work for me, with the association being all wrong. With the smart watch TAG Heuer have announced I can see there being some merit to trying to appeal to a younger demographic which may be the case with Red Bull, and I'm not in that sector so maybe they don't care about me. In which case, I don't need to care about them.
I got mine as I had always aspired to one from the days of Ayrton Senna and Mclaren.
Marketing in action!

andyps

7,817 posts

282 months

Wednesday 18th November 2015
quotequote all
paulyv said:
n3il123 said:
andyps said:
As part of LVMH the TAG Heuer brand is moving from McLaren but another of their brands - Moet Hennessy - have recently joined them. So LVMH have not lost faith in McLaren.

What it has done for me though is make a TAG Heuer less desirable. For as long as I can remember I have wanted one and have recently been saving to get one (as something essentially frivolous I can't justify the spend any other way than a bit each month) but suddenly I'm not sure I want one any more. The fit of a luxury product with a fizzy drink just doesn't work for me, with the association being all wrong. With the smart watch TAG Heuer have announced I can see there being some merit to trying to appeal to a younger demographic which may be the case with Red Bull, and I'm not in that sector so maybe they don't care about me. In which case, I don't need to care about them.
I got mine as I had always aspired to one from the days of Ayrton Senna and Mclaren.
Marketing in action!
I am a marketer so should understand all of this, but I can't see the fit between TAG Heuer and Red Bull, Casio to me are more appropriate for the Red Bull image, and McLaren (at least if they were performing better) a more appropriate fit for TAG. However, I am sure those with the purse-strings have done the research and understand what they are doing. TAG Heuer and champagne are similar lifestyle items, TAG Heuer and Red Bull not so much so to me.

Composite Guru

2,207 posts

203 months

Wednesday 18th November 2015
quotequote all
andyps said:
paulyv said:
n3il123 said:
andyps said:
As part of LVMH the TAG Heuer brand is moving from McLaren but another of their brands - Moet Hennessy - have recently joined them. So LVMH have not lost faith in McLaren.

What it has done for me though is make a TAG Heuer less desirable. For as long as I can remember I have wanted one and have recently been saving to get one (as something essentially frivolous I can't justify the spend any other way than a bit each month) but suddenly I'm not sure I want one any more. The fit of a luxury product with a fizzy drink just doesn't work for me, with the association being all wrong. With the smart watch TAG Heuer have announced I can see there being some merit to trying to appeal to a younger demographic which may be the case with Red Bull, and I'm not in that sector so maybe they don't care about me. In which case, I don't need to care about them.
I got mine as I had always aspired to one from the days of Ayrton Senna and Mclaren.
Marketing in action!
I am a marketer so should understand all of this, but I can't see the fit between TAG Heuer and Red Bull, Casio to me are more appropriate for the Red Bull image, and McLaren (at least if they were performing better) a more appropriate fit for TAG. However, I am sure those with the purse-strings have done the research and understand what they are doing. TAG Heuer and champagne are similar lifestyle items, TAG Heuer and Red Bull not so much so to me.
Well there must be something attracting them to RB. I'm sure they know what they are doing.
Maybe RB are heading in a different direction and TAG like the way they are going.

n3il123

2,607 posts

213 months

Wednesday 18th November 2015
quotequote all
paulyv said:
Marketing in action!
Absolutely!

To me Casio and Redbull are a perfect match, not sure so much about Tag and Redbull though

Munter

31,319 posts

241 months

Wednesday 18th November 2015
quotequote all
n3il123 said:
Absolutely!

To me Casio and Redbull are a perfect match, not sure so much about Tag and Redbull though
I'm assuming the connection is "Tacky things for unbearable show-off try-hards".

(Not a blingy watch fan myself)