The Racing Point F1 Team were in Austria on Monday where they revealed their 2020 car and that water technology company BWT have been named their new title sponsor.
Speaking about the announcement BWT Racing Point F1 CEO and Team Principal Otmar Szafnauer commented saying:
Since 2017, we have thoroughly enjoyed building a successful partnership with BWT and we’re delighted to be celebrating our fourth year together by welcoming them as our Title Partner. This expanded collaboration truly reflects the loyalty, commitment and energy that they bring to the Racing Point family. I’m pleased we could launch our season here in Mondsee at the home of BWT and shine a spotlight on the valuable work being done by BWT to drive sustainability. We have enjoyed many memorable moments both on and off track already and we now look forward to adding more in the 2020 season.”
BWT CEO Andreas Weißenbacher commented saying:
Over the past three years we have brought our distinctive pink colour into Formula 1 and built a very strong relationship with Racing Point. We are committed to helping this team achieve its objectives and this is why we have chosen to increase our support by becoming title partner. Working together in this way we believe the team can be much more competitive on the track in 2020. We will also support the team’s push to become more sustainable. Together we will cut down the use of disposable bottles at the track, minimise plastic waste and facilitate the local treatment and consumption of water.”