Otmar Szafnauer has revealed the reasoning as to why SportPesa are no longer the title sponsor of BWT Racing Point F1 Team, with BWT having taken on the role of title sponsor, which was showcased at the car launch.
SportPesa, were a new sponsor to Formula 1 last season. The gambling company was started in Kenya, and came to F1 with the background of sponsoring teams in Premier League football such as Everton.
However, the team Principal of Racing Point, Szafnauer explained the reason why they have chosen a new title sponsor for the 2020 FIA Formula 1 Championship, as he talked to Motorsport.com, saying, that the team and SportPesa are still in communication, but it was best not to go forward as the title sponsor.
“They still want to be involved but maybe at a different level – not as title [sponsor],” said Szafnauer. “So we’re still talking to them and they’re friends of the team and hopefully we can also include them as part of our sponsors and partners.”
He started to talk at the launch of the new car regarding the new title sponsor. BWT, who are an Austria water company, have been involved with Racing Point since 2017, where they were the Sahara Force India F1 Team.
“But, first and foremost, BWT are a great new title sponsor and the car looks fabulous,” added Szafnauer.
“A little bit more pink, big BWT three letters on the rear wing, which I think works tremendously well BWT are a good story for the environment too, with what they’re trying to do and it’s in line with what Formula 1 are trying to do as well.“
Racing Point CEO, also talked of how BWT are helpful for the environment, which Mercedes AMG Petronas driver, Lewis Hamilton is keen on.
“Formula 1 are looking at sustainability – including making one race, initially, plastic bottle free,” said Szafnauer. “BWT is talking to them about helping them do that and hopefully eventually make all the races plastic-free.
“But we’ve got to take one step at a time and hopefully BWT can help not just our team but the whole of Formula 1.”
There was finally talk of the expectant switch will come in the 2021 Formula 1 Season, as Lawrence Stroll, father of driver Lance Stroll, has bought into Aston Martin. Sazfnauer, explained that they will become Aston Martin, and that they expect still to find a title sponsor.
“Aston Martin next year will be our chassis name and we’ll become a manufacturer team,” he said. “But like every other manufacturer team with a chassis name there’s always room for a title sponsor.
“No different than Ferrari or Mercedes – you know they have Petronas – so it works well with BWT.”
Szafnauer finally, mentioned the livery for the following season, labelling it as “a bit too early to tell” to see if the pink will be kept on the car.
“Well, we’ll see, I mean, we’ve got this year to finish and then towards the back end of this year, we’ll start talking about what the car will look like next year.“