Current:Home > Markets'Still calling them Toro Rosso': F1 team's rebrand to Visa Cash App RB leaves fans longing -Elevate Capital Network
'Still calling them Toro Rosso': F1 team's rebrand to Visa Cash App RB leaves fans longing
View
Date:2025-04-15 23:22:24
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! (6)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- The Federal Reserve's first rate meeting is on Wednesday. Here's what economists say about rate cuts.
- Below Deck's Ben Willoughby Reveals the Real Reason for Camille Lamb Breakup
- Broadway Star Hinton Battle Dead at 67
- US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
- Conspiracy Theories: Why we want to believe when the facts often aren’t there
- Police: Pennsylvania man faces charges after decapitating father, posting video on YouTube
- Investigator describes Michigan school shooter’s mom as cold after her son killed four students
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- Eminem retracts threat of diss track directed toward Lions OC Ben Johnson
Ranking
- Video shows dog chewing cellphone battery pack, igniting fire in Oklahoma home
- Alaska governor pitches teacher bonuses as debate over education funding dominates session
- After Alabama execution, Ohio Republicans push to allow nitrogen gas for death penalty
- Thai activist gets two-year suspended prison sentence for 2021 remarks about monarchy
- Breaking debut in Olympics raises question: Are breakers artists or athletes?
- Tampa road rage shooting leaves 4-year-old girl injured, man faces 15 charges
- Cole Sprouse admits he doesn't remember a lot from filming 'Suite Life of Zack & Cody'
- Taiwan holds military drills to defend against the threat of a Chinese invasion
Recommendation
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
Oklahoma teachers mistakenly got up to $50,000 in bonuses. Now they have to return the money.
Cher Denied Conservatorship of Son Elijah Blue Allman
Fani Willis will not have to testify Wednesday in special prosecutor's divorce case
Daughter of Utah death row inmate navigates complicated dance of grief and healing before execution
Fani Willis will not have to testify Wednesday in special prosecutor's divorce case
Wray warns Chinese hackers are aiming to 'wreak havoc' on U.S. critical infrastructure
Taylor Swift AI pictures highlight the horrors of deepfake porn. Will we finally care?