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.

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.

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

The U.S.-owned Haas Formula One team and Toyota announced a multi-year technical partnership on Friday in a move bringing Japan's biggest carmaker back to grand prix racing for the first time since 2009.

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

The American team, who have Japanese engineer Ayao Komatsu as their team principal, have a fresh collaboration

Formula 1's sole American team, Haas, has unveiled a special livery for the upcoming United States Grand Prix at the Circuit of the Americas in Austin.