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Haas F1 finds new title sponsor: 'Eagerness for innovation'

Haas F1 finds new title sponsor: 'Eagerness for innovation'

20-10-2022 14:45 Last update: 15:05
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GPblog.com

Haas F1 will go by a different name next season. The American formation on the official website announce that it is entering into a partnership with MoneyGram, renaming it MoneyGram Haas F1 Team from 2023.

Uralkali was Haas' title sponsor until the beginning of this calendar year, but due to the Russian invasion of Ukraine, the team decided to take a stand and break ties. Since then, the racing stable had been looking hard for a replacement. However, it took a while for Haas to find a new sponsor.

Gene Haas, founder and chairman of Haas F1, is proud of the partnership: "Since our entrance into the F1 World Championship in 2016, Haas F1 Team has earned a reputation of strength, agility and resilience. MoneyGram brings a similar drive to the world of financial services, and we’re ready to work together to maximize results on and off the track."

Steiner enthusiastic about collaboration

Both parties signed a multi-year contract with each other, with which they hope to be successful in the longer term. Guenther Steiner is confident that the organisations will strengthen each other in the future and thus get a lot out of it.

"Our fans demand speed, and we deliver it, just as MoneyGram does for its customers," states the team boss. "MoneyGram is a global leader in fintech and payments and is always setting out to push the boundaries of technology. It’s that eagerness for innovation that really drew us to partner with MoneyGram."