Toyota returns to F1 in technical partnership with Haas Team
11th October 2024Haas F1 Team has entered a technical partnership with Japanese racing giant Toyota Gazoo Racing in a ‘mutual benefit’ agreement.
Feature image credit: Haas F1 Team
Haas F1 has announced that it has entered a new technical partnership with the world-leading Japanese automotive manufacturer, Toyota Gazoo Racing. As a result, Toyota GR is the ‘official technical partner’ of the American F1 team.
In the multi-year agreement, it’s stated both parties will share expertise and knowledge – as well as resources. Toyota is set to provide design, technical and manufacturing services whilst Haas F1 offer technical knowledge and commercial benefits in return.
MoneyGram Haas F1 Team Enters Technical Partnership with TOYOTA GAZOO Racing 🏁
Under the new multi-year agreement both parties will share expertise and knowledge, as well as resources 🤝
With TOYOTA GAZOO Racing providing design, technical and manufacturing services, while… pic.twitter.com/jvL0Epkm8Z
— MoneyGram Haas F1 Team (@HaasF1Team) October 11, 2024
On the announcement, Haas F1 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 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 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 utilize and subsequently advance their in-house engineering capabilities.”
18/24: Complete ✅
Six more to go 🏁#F1 pic.twitter.com/CFr01PwsEv
— Formula 1 (@F1) October 10, 2024
Toyota Gazoo Racing has a rich history in motorsport with the Toyota brand itself sporting an F1 team until the 2009 season, where it turned into the famous Brawn GP team.
However, Toyota Gazoo Racing still compete in motorsports today with successful teams in the World Rally Championship and the World Endurance Championship.
Following the announcement, the American team will brand Toyota Gazoo Racing’s branding on the teams VF-24 cars, which will be driven by Kevin Magnussen and Nico Hulkenberg.
Starting off our Technical Partnership at the home of Toyota 🇯🇵
Sharing our news as we look to contribute to the development of the automotive industry together 🤜🤛#HaasF1 #F1 pic.twitter.com/KmyXdBOFjf
— MoneyGram Haas F1 Team (@HaasF1Team) October 11, 2024
“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,” commented President of Gazoo Racing Company, Tomoya Takahashi.
“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 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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