Haas, an American team that debuted in Formula 1 in 2016 and has been closely linked with Ferrari as a satellite team, stands to benefit hugely from Toyota's engineering and manufacturing experience. Ayao Komatsu, Haas's team principal, shared his enthusiasm about the partnership.

Komatsu was clear that the agreement with Toyota would have no bearing on the Ferrari relationship, which was extended to the end of 2028 in July. When talks with Toyota started earlier this year, he ensured total clarity and transparency with Ferrari, calling it the “foundation” of the Haas team.

Toyota is making it abundantly clear that its partnership with Haas isn't about getting its hardware into F1—it's about a path for drivers.

The Haas Formula 1 team has signed a huge multi-year partnership with an American insurance company, effective from the United States Grand Prix at COTA.

Haas's new Formula One technical partnership with Toyota is aimed at enhancing long-standing arrangements with Ferrari rather than replacing them, team boss Ayao Komatsu said on Friday.

Toyota has returned to Formula 1. According to an announcement from Haas, the team has entered into a “multi-year agreement” with TOYOTA GAZOO, the motorsport division of Toyota, on a technical partnership. Under the terms of the agreement, the two entities will “share expertise and knowledge, as well as resources.”

Toyota returns to Formula 1 with the Haas team, but the partnership aims to put both companies in strong positions in the future.

Japanese car company Toyota is returning to Formula 1 after a 15-year absence in a partnership with the US-based Haas team.