President of Gazoo Racing Company Tomoya Takahashi 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.
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“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.”
The deal was announced at Toyota-owned Fuji International Speedway on Friday and will see Toyota Gazoo Racing branding visible on Nico Hulkenberg and Kevin Magnussen’s Haas cars starting from next weekend’s United States Grand Prix in Austin.
Haas are currently seventh in the constructors’ championship, just three points adrift of RB in the fight for P6.