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MoneyGram Haas F1 Team forms new partnership with TOYOTA GAZOO Racing

TOYOTA GAZOO Racing will provide technical expertise and resources to the MoneyGram Haas F1 Team, including engineering support, data analysis, and R&D.

MoneyGram Haas F1 Team, the only American-based team in Formula 1, has announced a new technical partnership with TOYOTA GAZOO Racing, the motorsport division of Toyota Motor Corporation.

This collaboration aims to enhance the team’s competitiveness and accelerate technological advancements.

As the official technical partner, TOYOTA GAZOO Racing will provide technical expertise and resources to the MoneyGram Haas F1 Team, including engineering support, data analysis, and research and development. The partnership will leverage TOYOTA GAZOO Racing’s extensive experience in motorsport to bolster the American team’s performance on the track.

Commenting on the partnership, Ayao Komatsu, Team Principal of MoneyGram Haas F1 Team, 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 organization, 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 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 utilize 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 endeavors. Together with Gene Haas, I’d specifically like to thank Stefano Domenicali (CEO – Formula 1) and Fred Vasseur (Team Principal – Scuderia Ferrari) on that front, and with Toyota I’d like to thank Akio Toyoda (Chairman – Toyota Motor Corporation), Tomoya Takahashi (President – GAZOO Racing Company) and Masaya Kaji (Project Manager – GAZOO Racing Company). Everyone at MoneyGram Haas F1 Team is looking forward to the collaborative results of this new relationship, we can’t wait to get started and fulfil our combined ambitions.”

Tomoya Takahashi, President of GAZOO Racing Company, added, “We are pleased to announce that MoneyGram Haas F1 Team and TOYOTA GAZOO Racing have concluded a basic agreement to enter a technical partnership such as Haas vehicle development. We would like to express our gratitude to Mr Gene Haas, Mr Ayao Komatsu, Mr Stefano Domenicali (CEO – Formula 1), Mr Fred Vasseur (Team Principal – Scuderia Ferrari), and all our existing partners of the team for their exceptional cooperation and understanding in this collaboration. By competing alongside the 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.”

The partnership comes at a crucial time for the MoneyGram Haas F1 Team, which is currently battling for sixth place in the Constructors’ Championship. The team’s recent extension of its technical partnership with Scuderia Ferrari HP, combined with the new alliance with TOYOTA GAZOO Racing, positions it for long-term success in F1.

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