AutoNation and Inter Miami CF Partner to Drive Out Cancer

Rhea-AI Summary

AutoNation, the largest automotive retailer in America, has partnered with Inter Miami CF to become its official automotive partner. This deal includes naming rights to DRV PNK Stadium and extensive branding opportunities, as well as a commitment to donate up to $100,000 annually for every goalkeeper save made during matches, supporting cancer research initiatives. The partnership aims to leverage soccer's influence to raise awareness and funds for cancer research, building on AutoNation's history of raising over $25 million for this cause since 2013.

Positive

• Partnership with Inter Miami CF enhances brand visibility and community engagement.
• Commitment to donate up to $100,000 annually for cancer research based on goalkeeper saves.
• Leverages extensive media exposure through digital channels and match sponsorship.

Negative

• None.

FORT LAUDERDALE, Fla., April 9, 2021 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), AutoNation, America's largest and most recognized automotive retailer, today announced that it has partnered with Inter Miami CF, an American professional soccer club based in South Florida. AutoNation will be the official and exclusive automotive partner of Inter Miami, which includes naming rights of the stadium and branding on training kits. This partnership amplifies AutoNation and Inter Miami's commitment to driving out cancer by leveraging the power of soccer and its strong fan base.

In addition, the partnership includes extensive TV and digital exposure, with the entitlement of the Inter Miami Digital Live Stream via their Inter Miami App and the Inter Miami Spanish language streaming show. Aside from Spanish being one of the top 2 languages for its fans across social media during Inter Miami's inaugural season, more than 60% of website traffic came from Latino dominant cities across the U.S. Also, 34% of Inter Miami's registered mobile app users identified themselves as being of Hispanic/Latino descent.

As a part of the multiplatform media campaign, AutoNation will become the sponsor of the "Saves" feature during Inter Miami matches. For every Inter Miami goalkeeper save, AutoNation and Inter Miami will donate up to $100,000 towards cancer research annually.

"DRV PNK Stadium is about driving awareness of a proven mission that has raised over $26 Million in the fight against cancer. Our partnership with Inter Miami, one of the most dynamic soccer clubs, will help fund research. It allows for our collective support of organizations like the Breast Cancer Research Foundation, Cleveland Clinic, and Moffitt Cancer Center at the national and local levels," said Marc Cannon, AutoNation's EVP and Chief Customer Experience Officer.

"Inter Miami is a purpose-driven organization, and we take great pride in partnering with AutoNation, #154 on the Fortune 500 and a South Florida-based company that is positively impacting our community through a creative national campaign. It's important as a sports club to take our time to partner with the right brands who not only represent our values but also help us use our platforms and reach to amplify good causes," added Inter Miami Managing Owner, Jorge Mas.

Every October, Associates from more than 300 AutoNation locations unite on DRV PNK Across America Day to deliver thousands of comfort bags to patients battling cancer at treatment facilities.  This October, in honor of Breast Cancer Awareness Month and in conjunction with DRV PNK Across America Day, AutoNation will be the presenting sponsor at an Inter Miami home match. AutoNation and Inter Miami invite fans in attendance to support the cause and their home team by wearing pink.

About Inter Miami CF
Club Internacional de Fútbol Miami, known as Inter Miami CF, is an American professional sports team in Major League Soccer. The team made its debut in March 2020 and became only the seventh expansion team in MLS history to reach the MLS Cup Playoffs. Inter Miami plays and trains at its 34-acre centralized facility, which is inclusive of the 18,000-capacity DRV PNK Stadium, a 50,000-square-foot training center and seven fields in Fort Lauderdale, Florida. In addition to the MLS team, the Club fields the USL League One team Fort Lauderdale CF and a youth Academy for ages U-12 to U-19 as part of the MLS NEXT program. 

Please visit www.intermiamicf.com for more information. 

About AutoNation, Inc.
AutoNation, America's largest and most recognized automotive retailer, is transforming the automotive industry through its bold leadership, innovation, and comprehensive brand extensions. As of December 31, 2020, AutoNation owned and operated over 315 locations from coast to coast. AutoNation has sold over 13 million vehicles, the first automotive retailer to reach this milestone. AutoNation's success is driven by a commitment to delivering a peerless experience through customer-focused sales and service processes. Since 2013, AutoNation has raised over $25 million to drive out cancer, create awareness, and support critical research through its DRIVE PINK initiative, which was officially branded in 2015.

Please visit www.autonation.com, investors.autonation.com, www.twitter.com/CEOMikeJackson, and www.twitter.com/AutoNation, where AutoNation discloses additional information about the Company, its business, and its results of operations. Please also visit www.autonationdrive.com, AutoNation's automotive blog, for information regarding the AutoNation community, the automotive industry, and current automotive news and trends.

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SOURCE AutoNation, Inc.

FAQ

What is the significance of AutoNation's partnership with Inter Miami CF?

The partnership elevates AutoNation's brand through visibility and supports cancer research initiatives.

How much will AutoNation donate for cancer research?

AutoNation will donate up to $100,000 annually for every goalkeeper save made during Inter Miami matches.

When was AutoNation's partnership with Inter Miami CF announced?

The partnership was announced on April 9, 2021.

What initiatives has AutoNation undertaken to fight cancer?

AutoNation has raised over $25 million for cancer research through its DRIVE PINK initiative since 2013.

Where is DRV PNK Stadium located?

DRV PNK Stadium is located in Fort Lauderdale, Florida.