Racing Point are set to rebrand as the Aston Martin works team for the 2021 Formula 1 season, following a significant investment into the iconic British automobile brand by a consortium led by Racing Point’s current owner, Lawrence Stroll. The £182 million investment from Stroll’s consortium sees them take a 16.7% stake in Aston Martin […]
McLaren Racing has announced a multi-year partnership with German aviation company FAI Aviation Group, starting from the 2020 Formula 1 season. FAI Aviation Group is a European pioneer in global high-end aircraft solutions headquartered at Nuremberg’s Albrecht Duerer International Airport. FAI’s experience spans across more than 30 years, offering a range of aviation services such […]
The Teijin Group and Envision Virgin Racing jointly announced a multi-year sponsorship contract which will support the team’s participation in the ABB FIA Formula E Championship. Teijin is a Japanese technology company with presence in over 170 countries around the globe, operating in the fields of high-performance materials including advanced fibers, plastics and composites, healthcare […]
Aston Martin Red Bull Racing is set to enter a new partnership with Lithuanian FinTech company PayVoo for the 2020 Formula 1 season, Decalspotters can reveal. PayVoo, established in 2019, is a financial tool with an online interface, invented and designed to manage multi-currency funds, including Blockchain Values, via bank transfer, mobile or other payment […]
Haas F1 Team has signed with Swiss brain technology company MindMaze for the 2020 FIA Formula 1 season on a technical partnership. MindMaze specializes in neuro-inspired computing platforms, which will factorize the aim of the relationship at consolidating the technology platform developed by the San Francisco-headquartered firm to become the standard of safety in motorsport […]
Red Bull Racing and ExxonMobil have announced a multi-year contract extension that will see the oil company continue as the team’s official fuel, lubricant and technology partner.