Racing Point, the Formula One team previously known as Force India, will continue to race with their distinctive pink livery after announcing an extension with Best Water Technology (BWT).
The deal ensures that the Austrian water company will continue as the motorsport team’s principal sponsor, giving it prominent exposure on the race car, drivers’ suits and helmets and all other team assets.
“We are eagerly looking forward to plenty of sporting highlights over the new season and wish to build on the successes of the last two years,” said BWT chief executive Andreas Weißenbacher. “With the team alongside us, BWT will be working hard to see water both treated and consumed locally ̶ no disposable bottles, no plastic waste and no long transport routes.”
News of Racing Point’s renewal with BWT came as the team finally announced their widely reported title sponsorship deal with Kenyan online bookmaker SportPesa.
Under the terms of the agreement, the UK-based outfit will officially be known as SportPesa Racing Point F1 Team, with the company’s blue branding set to be added to the car’s pink livery.
“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,” said Otmar Szafnauer, team principal and chief executive of Racing Point. “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.”
“This partnership is very important to us because it diversifies us into new territories and allows us to reach new audiences across the globe,” added Adam Beighton, SportPesa company director. “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.”
In a final partnership announcement, Racing Point have confirmed a multi-year deal with global construction company JCB, which will also have its logo appear on the team’s car.
The 2019 Formula One season will be Racing Point’s first full campaign since Canadian billionaire Lawrence Stroll assumed ownership of Force India. The first race takes place in Australia on 17th March.