CommScope Announces Official Partnership with MoneyGram Haas F1 Team
February 06 2025 - 7:00AM
Business Wire
As the Official Connectivity Partner, CommScope
SYSTIMAX and RUCKUS wired and wireless network solutions will help
power trackside, hospitality, and factory solutions for the
MoneyGram Haas F1 Team
CommScope (NASDAQ: COMM), a global leader in network
connectivity, announced today that it has entered a multi-year
agreement to be the Official Connectivity Partner of the MoneyGram
Haas F1 Team.
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the full release here:
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CommScope will provide critical race day network operations to
meet the performance demands of the world-class racing
team—including trackside car, garage, and pitwall connectivity.
CommScope also will deliver a seamless, high-speed Wi-Fi®
experience for VIP guests of the MoneyGram Haas F1 Team hospitality
suite within the paddock and provide the network solutions to
support the team’s factory operations around the world.
CommScope’s custom technology suite for the MoneyGram Haas F1
Team leverages its best-in-class solutions proven in the world’s
most advanced broadband, enterprise and wireless networks. The
suite features broadband fiber, SYSTIMAX® fiber and copper
connectivity platforms, as well as RUCKUS® enterprise-grade
wireless access solutions.
Ayao Komatsu, Team Principal of MoneyGram Haas F1 Team,
commented, “It’s fantastic to welcome CommScope to the Team with
this multi-year partnership. As our Official Connectivity Partner,
CommScope will be essential to improving our operations trackside
and across all of our facilities in USA and Europe through the use
of their best-in class solutions. To have such an impressive
organization backing the team is testament to the progress we
continue to make both on track and commercially. The fact that we
share a home in North Carolina makes this partnership even more
special.”
“As the Official Connectivity Partner of the MoneyGram Haas F1
Team, CommScope is excited to showcase our leading network
technology and expertise in one of the most complex and dynamic
sporting environments on earth,” stated Chuck Treadway, President
and CEO, CommScope. “In racing, every second counts, and network
operations is one of the crucial threads that connects drivers,
cars, teams, and technology to allow them to perform at the highest
level. We are demonstrating our leadership in high-performance
networks and redefining connectivity on a global stage to help
winning teams.”
CommScope has a legacy of supporting sporting and esports events
around the world, partnering with industry leaders to push the
envelope of high-performance networking technology and investing in
the teams and athletes who represent the future of the sport. For
more information on CommScope’s sporting heritage and the network
technology powering the MoneyGram Haas F1 Team, please visit the
CommScope Sporting webpage.
CommScope and the CommScope logo are registered trademarks of
CommScope and/or its affiliates in the U.S. and other countries.
For additional trademark information see
https://www.commscope.com/trademarks. Wi-Fi is a trademark of the
Wi-Fi Alliance. All other product names, trademarks and registered
trademarks are property of their respective owners.
About MoneyGram Haas Formula 1 Team
2025 sees MoneyGram Haas F1 Team celebrate its tenth season in
the FIA Formula 1 World Championship. The first American Formula 1
team to compete in the sport since 1986, MoneyGram Haas F1 Team
made an immediate impression with a memorable points-scoring debut
at the 2016 Australian Grand Prix. Founded by industrialist Gene
Haas – owner of Haas Automation, the largest CNC machine tool
builder in North America with over 80 outlets globally – MoneyGram
Haas F1 Team is headquartered in Kannapolis, North Carolina in the
United States with additional operations in Banbury, England and
Maranello, Italy. Technical partnerships with Scuderia Ferrari and
Toyota GAZOO Racing further underline MoneyGram Haas F1 Team’s
commitment to excellence within Formula 1. Domestically Gene Haas
remains a stalwart of the American motorsport scene having started
his own NASCAR team in 2002. A 2008 partnership with champion
driver Tony Stewart led to the renamed Stewart-Haas Racing becoming
a powerhouse operation winning two NASCAR Cup titles and two NASCAR
Xfinity championships through to the end of the program in 2024.
Haas’s personal dedication to NASCAR continues with the creation of
Haas Factory Team for 2025 – running in both the Cup and Xfinity
series.
Info – www.haasf1team.com
About CommScope
CommScope (NASDAQ: COMM) is pushing the boundaries of technology
to create the world’s most advanced wired and wireless networks.
Our global team of employees, innovators and technologists empower
customers to anticipate what’s next and invent what’s possible.
Discover more at www.commscope.com.
Follow us on X and LinkedIn. Sign up for our press releases and
blog posts.
This press release includes forward-looking statements that are
based on information currently available to management,
management’s beliefs, as well as on a number of assumptions
concerning future events. Forward-looking statements are not a
guarantee of performance and are subject to a number of
uncertainties and other factors, which could cause the actual
results to differ materially from those currently expected. In
providing forward-looking statements, the company does not intend,
and is not undertaking any obligation or duty, to update these
statements as a result of new information, future events or
otherwise.
Source: CommScope
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version on businesswire.com: https://www.businesswire.com/news/home/20250206861846/en/
News Media Contact Luke Hamer, CommScope
Luke.Hamer@commscope.com
Financial Contact Massimo Disabato, CommScope
Massimo.Disabato@commscope.com
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