Never mind fashion house Hugo Boss, AlphaTauri’s rebranding next season could see the Red Bull junior team take on one of the biggest names sportswear, Adidas.
That’s according to a report on Blick.
Next season Red Bull’s junior team, formerly Toro Rosso and now AlphaTauri, will have a new name as Red Bull rebrand with the AlphaTauri name deemed a ‘commercial flop’.
Could Adidas replace AlphaTauri as the junior team’s title sponsor?
Hugo Boss had been bandied around as the potential title sponsor with Motorsport.com’s Italian edition claiming ‘Hugo Boss has entered negotiations over a potential lucrative title sponsorship deal’ as the ‘current Aston Martin partner, and ex-McLaren sponsor, is seeking greater F1 exposure’.
The report went as far as to state that the team would be called ‘Boss’.
CEO Peter Bayer, though, has all but denied this toBlick, saying while they are “also involved in the new project”, the new 2024 team name is “much bigger!”
The Swiss publication reports that it is ‘likely to be the sporting goods giant Adidas’.
Bayer, the Faenza-based team’s new CEO, recentlyspoke with PlanetF1’s Thomas Maherabout the rebranding.
Declaring Red Bull’s shareholders told them they didn’t want to sell AlphaTauri but needed to rebrand it, he revealed: “They said, ‘Look, guys, we won’t sell it, we’ll keep the team.
“‘But we want to have a fresh start, we want to look at the global direction, strategic direction of the team, commercial success to sporting success. Let’s take a critical look at all the elements.’
“这就是为什么它是一个独特的机会。我们构建ing on experience but, at the same time, the sky’s the limit for innovation and development.”
He, however, wouldn’t hint at the new name.
“I’d love to, to be honest, but I’m not allowed. It’s all NDA-protected!” he said.