MoneyGram HAAS F1 Team has signed a partnership with Toyota Gazoo Racing, the motorsport division of the Japanese manufacturer.
The deal ensues Toyota becoming the ‘Official Technical Partner’ of the MoneyGram HAAS Team and sharing their technical knowledge and resources with the American company.
The deal will also see the Toyota Gazoo logo appear on the HAAS F1 Cars from next weekend’s United States Grand Prix. Toyota Gazoo Racing will provide design related, technical and manufacturing services to the HAAS Grand Prix squad, while Haas will offer technical expertise and commercial benefits in return.
Speaking on the partnership, Haas team principal Ayao Komatsu said:
“I’m hugely excited that MoneyGram Haas F1 Team and Toyota Gazoo Racing have come together to enter into this technical partnership.
To have a world leader in the automotive sector support and work alongside our organisation, while seeking to develop and accelerate their own technical and engineering expertise – it’s simply a partnership with obvious benefits on both sides.
The ability to tap into the resources and knowledge base available at Toyota Gazoo Racing, while benefiting from their technical and manufacturing processes, will be instrumental in our own development and our clear desire to further increase our competitiveness in Formula 1.
In return, we offer a platform for Toyota Gazoo Racing to fully utilise and subsequently advance their in-house engineering capabilities. I’m naturally pleased that we’ve had the support of the likes of Formula 1 and our long-term partner, Scuderia Ferrari – who we announced our further continuation with earlier in the season, in the formation of this new technical partnership – designed to achieve continued success in our Formula 1 endeavours.
Speaking on the collaboration, Toyota Gazoo President, Tomoya Takahashi said:
“By competing alongside MoneyGram Haas F1 Team at the pinnacle of motorsports, we aim to cultivate drivers, engineers, and mechanics while strengthening the capabilities of MoneyGram Haas F1 Team and Toyota Gazoo Racing. And we desire to contribute to motorsports and the automotive industry.”
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