Mphasis (BSE: 526299; NSE: MPHASIS), a global IT solutions leader specializing in cloud and cognitive services, has been announced as the ‘Official Digital Partner’ of the MoneyGram Haas F1 Team. This landmark multi-year partnership aims to harness advanced technology to enhance performance both on and off the racetrack in the high-stakes world of Formula 1.
The collaboration will see Mphasis leverage its expertise in data analytics, automation, artificial intelligence (AI), cybersecurity, and predictive modeling to support the team’s quest for competitive excellence. By integrating cutting-edge technologies, the partnership seeks to optimize real-time decision-making, improve efficiency, and unlock peak performance potential.
“We are excited to have Mphasis on board as our Official Digital Partner. Their technological prowess and innovative mindset will be pivotal in driving our team to new levels of success,” said Ayao Komatsu, Team Principal of MoneyGram Haas F1 Team.
Nitin Rakesh, CEO & Managing Director of Mphasis, expressed enthusiasm for the collaboration, stating, “This partnership offers an incredible opportunity to showcase how technology can transform high-performance sports. We are committed to working closely with the MoneyGram Haas F1 Team to pioneer innovation and achieve shared goals.” The partnership will also engage Formula 1 fans through a series of interactive digital initiatives, creating a deeper connection between technology and the sport.
Mphasis delivers next-generation technology solutions, enabling global enterprises to stay ahead in a dynamic market. Through its Front2Back™ Transformation approach, Mphasis leverages cloud and cognitive technologies to create personalized digital experiences while enhancing operational efficiency.
Established in 2016, MoneyGram Haas F1 Team became the first American Formula 1 team since 1986. Founded by Gene Haas, the team operates from Kannapolis, North Carolina, and competes at the highest level of motorsport. Haas is also the founder of Haas Automation, a leading CNC machine tool manufacturer.