TOYOTA GAZOO Racing

MoneyGram Haas F1 Team and TOYOTA GAZOO Racing, the motorsport competition and research and development division of Japanese automotive manufacturer – Toyota Motor Corporation, confirmed today a new and dynamic collaborative relationship with TOYOTA GAZOO Racing now the ‘Official Technical Partner’ to the only American team competing in the FIA Formula 1 World Championship.

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 MoneyGram Haas F1 Team will offer technical expertise and commercial benefits in return. With an objective to advance MoneyGram Haas F1 Team’s development and competitive element within Formula 1, TOYOTA GAZOO Racing will further develop its own knowledge and skills in a variety of areas through its involvement with the team competing at the leading edge of global motorsport.

“I’m hugely excited that MoneyGram Haas F1 Team and TOYOTA GAZOO Racing have come together to enter into this technical partnership,” stated Ayao Komatsu, Team Principal of MoneyGram Haas F1 Team. “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."