SportPesa has been unveiled as the new title partner for Racing Point, with the team now known as SportPesa Racing Point F1 Team.
The official announcement comes alongside a reveal of the team’s new car livery, which was made during the pre-season launch event, held during the Canadian International Auto Show; the first ever Formula One team launch in Canada.
The reveal featured the two team drivers, Sergio Perez and Lance Stroll, along with the Team Principal, Otmar Szafnauer, and Technical Director, Andrew Green.
Otmar Szafnauer, Team Principal and CEO of SportPesa Racing Point F1 Team commented on the new partnership: “SportPesa is a young, dynamic, growing company whose values align with our own vision to become a team capable of competing at the very front of the grid.
“We are excited to have such an ambitious partner on board to help us deliver our team mission and look forward to working with them to bring the sport of Formula One closer to fans around the world. The car looks stunning with the addition of blue to the already iconic pink livery, which gives us a strong identity as we begin this exciting new era.”
The multi-year deal will commence with immediate effect, with the team now being known as the SportPesa Racing Point F1 Team for the duration of the partnership. The Racing Point cars retain its pink colour, with BWT continuing as principal sponsor of the team, with the addition of blue SportPesa branding on the front and rear wings, and engine cover.
Adam Beighton, SportPesa, Company Director added: “We are absolutely delighted to become part of the extended Formula One family. This partnership is very important to us because it diversifies us into new territories and allows us to reach new audiences across the globe.
“Equally important is the platform it provides us which enables us to stay true to our mission; to build and develop grassroots and professional sport in the countries where we operate by bringing new opportunities to local communities.”