Current:Home > Finance'Still calling them Toro Rosso': F1 team's rebrand to Visa Cash App RB leaves fans longing -MoneySpot
'Still calling them Toro Rosso': F1 team's rebrand to Visa Cash App RB leaves fans longing
View
Date:2025-04-22 22:29:40
The 2024 Formula One season kicks off on Feb. 21 with preseason testing at the Bahrain International Circuit ahead of the first race there on March 2. For the first time in Formula One history, there were no driver lineup changes from the end of the prior season.
The same can't be said for teams, though.
Alfa Romeo rebranded to Stake F1 Team Kick Sauber on New Year's Day as the team transitions to Audi ownership by 2026. The second and final change came down today with the AlphaTauri team rebranding to Visa Cash App RB F1 Team.
Visa Cash App RB's website went live Wednesday with a special event in Las Vegas set for Feb. 8 to launch the team's 2024 car. Visa will also be sponsoring Red Bull Racing as well as F1 Academy entries for both teams.
Las Vegas Grand Prix 2024:Formula One announces start time for second-ever race on the Las Vegas Strip
"The birth of Visa Cash App RB is a hugely significant moment," Red Bull Technology's Chief Marketing Officer Oliver Hughes said in a statement. "The new identity is not simply a name change, it's the start of a thrilling new journey designed to take the team to new levels of competitiveness."
The team's name change earned some pushback on social media, including from former Formula One driver Giedo van der Garde.
He's not alone with fans weighing in on the new name as well.
Sky Sports' Craig Slater had multiple jokes at the ready for the new team name.
Changes at Haas:Formula One team parts ways with team principal Guenther Steiner after 10 years
What was Visa Cash App RB F1 Team called before?
The origins of the newest team on the grid go back to 1985 when Italian Giancarlo Minardi started the Minardi F1 Team based in Faenza, Italy. Over the next 20 years, the team earned a reputation as one of the slowest teams in the field but a proving ground for young talent. Future two-time world champion Fernando Alonso started out with Minardi in 2001.
Red Bull bought the Jaguar Racing F1 Team ahead of the 2005 season and renamed it Red Bull Racing. A year later, the company bought Minardi and renamed it Scuderia Toro Rosso, roughly translated to "Red Bull Racing" in Italian. Like it was under the Minardi name, Toro Rosso became a team to develop drivers for for Red Bull Racing.
A legendary look back:Top three races of Michael Schumacher's career on legend's 55th birthday
Multiple future world champions and race winners came through Toro Rosso on their way to Red Bull.
Four-time world champion Sebastian Vettel won the team's first race in 2008. Three-time world champion Max Verstappen spent his rookie season there in 2015. Race winners Daniel Ricciardo, Pierre Gasly, and Carlos Sainz Jr. all got their start in Toro Rosso.
The team rebranded but remained under Red Bull ownership for the 2020 season with the new title Scuderia AlphaTauri. This change was to promote Red Bull's fashion label. Last year, Red Bull considered selling the team but decided to restructure instead with a new team principal and more operations moved to the U.K. from Faenza. Now, the latest changes include a third name for the team under Red Bull's ownership.
veryGood! (52)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Norway activists renew protest against wind farm on land used by herders
- Iowa man sentenced to 2 life terms in death of 10-year-old girl whose body was found in a pond
- Arkansas AG sets ballot language for proposal to drop sales tax on diapers, menstrual products
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- The power dynamic in labor has shifted and pickets are seemingly everywhere. But for how long?
- Salman Rushdie was stabbed onstage last year. He’s releasing a memoir about the attack
- Jada Pinkett Smith says she and Will Smith haven't been together since 2016, 'live separately'
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Hunter Biden judge agrees to drop old gun count after indictment replaces scuttled plea deal
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Chef Michael Chiarello's fatal allergic reaction reveals allergies’ hidden dangers
- Jada Pinkett Smith says she and Will Smith were separated for 6 years before Oscars slap
- Reba McEntire Shares Rare Insight Into Relationship With Boyfriend Rex Linn
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Looking for last-minute solar eclipse glasses? These libraries and vendors can help
- Ex-NFL player Sergio Brown in custody on first-degree murder charge in mother's slaying
- Horoscopes Today, October 11, 2023
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Rare birdwing butterflies star in federal case against NY man accused of trafficking insects
California law banning large-capacity gun magazines likely to survive lawsuit, court says
'We're shattered' How an American family is mourning a loved one lost to war in Israel
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Democratic challenger raises more campaign cash than GOP incumbent in Mississippi governor’s race
Sexual assault victims suing Uber notch a legal victory in long battle
Filed for Social Security too early? Here's why all isn't lost.