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Haas F1 Team's Danish driver Kevin Magnussen drives ahead of Alfa Romeo's Finnish driver Valtteri Bottas (behind) as they take part in the Formula One Japanese Grand Prix at Suzuka, Mie prefecture on October 9, 2022. (Photo by Toshifumi KITAMURA / AFP) (Photo by TOSHIFUMI KITAMURA/AFP via Getty Images)

Haas announce new title sponsor for 2023 

The team have shared who they are partnering with for next year

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Haas F1 team have announced ahead of their home race their new title sponsor for next year, MoneyGram.

Haas F1 team
Mick Schumacher driving for Haas F1 Team at the Dutch Grand Prix, 2022. Image Credit: Hasan Bratic via Getty Images

There’s no better place for Haas to announce their new title sponsor at their home race, COTA. Ahead of the Grand Prix weekend, the team shared that they would be partnering with MoneyGram, a financial company.

Haas’ history with title sponsors

The partnership is a multi-year deal, and Gene Haas said that the team “are pleased to welcome an incredible brand like MoneyGram as our new title sponsor.”

Haas have had their fair share of issues with their title sponsors. Last year the team terminated their contract with Uralkali, a Russian fertiliser company. They also terminated Russian driver, Nikita Mazepin’s, contract with them following the Russian-Ukrainian war. 

Avid viewers of Netflix’s Drive to Survive will also remember the teams drama with another title sponsor, Rich Energy. 

Guenther Steiner, Team Principal, shared his thoughts on the news:

“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, and we’re confident that we will continue to grow together and reach our full potential.”

Haas is a team with a rather small budget, one of the smallest on the grid. But, with their new title sponsor, we may see Haas becoming a much more solid midfield team. 

As it stands, Haas are eighth in the Constructors Championship, tied with Alpha Tauri. Their drivers, Kevin Magnussen and Mick Schumacher, sit in 14th and 16th respectively. 

Big changes for 2023

Although Haas have announced their title sponsor for next year, they are yet to announce who will be joining Kevin Magnussen in the drivers seat. 

It was reported this week that Steiner suggests that Daniel Ricciardo should give him a call, but there’s no further updates on whether we’ll see the Aussie in the second seat.

Mick Schumacher, meanwhile, has an uncertain future with his current team. Nico Hulkenberg is confirmed to be in talks with Guenther Steiner about the second Haas seat in 2023. 

Schumacher, who has secured his first ever F1 points this season, has also cost the team a lot of money in damages to the car. It’s therefore uncertain whether Haas will want to extend their future with Schumacher. 

Haas will be debuting a special-themed livery at the Circuit of the Americas this weekend, their home race. Their 2023 livery will be announced at the start of next season with their title sponsor placed firmly on it. 

Featured Image Credit: Toshifumi Kitamura via Getty Images 

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