Racing Point F1 Team has announced an expansion of its long-standing partnership with Austrian water technology specialist, BWT - Best Water Technology.
Having turned heads with the world's first pink Formula 1 car in 2017 and building upon three successful seasons as Principal Sponsor, BWT and Racing Point have expanded their relationship so that the team will be known as "BWT Racing Point F1 Team"
As unveiled to assembled media and guests today at the home of BWT in Mondsee, Austria, the team's distinctive pink livery will remain, with BWT branding featuring even more prominently on the team's new car, the RP20.
Situated on the scenic shores of Lake Mondsee, BWT's Austrian Headquarters provided the perfect backdrop for the announcement of a collaboration built on technological advancement and sustainability.
Race drivers Lance Stroll and Sergio Perez were joined by CEO & Team Principal Otmar Szafnauer and Sporting Director Andy Stevenson, as the partnership was formally launched ahead of pre-season testing in Barcelona later this week.
The partnership is commercialised as a "shared objective", with BWT being committed to the reduction of plastics through the adoption of reusable vessels and recyclable filters to reduce waste and pollution in the modern world."
"Guests visiting the team's trackside hospitality buildings to refill their reusable bottles with locally produced BWT Magnesium Mineralized Water will enjoy a first class taste experience combined with a convenient way of drinking."
Otmar Szafnauer, CEO & Team Principal, BWT Racing Point F1 Team said: "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."
Andreas Weißenbacher, CEO of BWT concluded: "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."