BWT was the title sponsor of Racing Level final yr, having labored with the Silverstone-based outfit since 2017.
Its well-known pink livery proved to be a standout within the sport, and achieved its most well-known second when Sergio Perez triumphed on the Sakhir Grand Prix final yr.
Nonetheless, Racing Level’s rebranding as Aston Martin, and desire to run a British racing inexperienced livery, meant that BWT’s partnership with the group ended.
Whereas there was no affirmation that BWT will proceed its involvement in F1, sources have indicated to Motorsport.com that the corporate has been taking a look at two selections to maintain its colors in grand prix racing.
One choice is to maneuver to Haas, which has been with out a title sponsorship since a cope with vitality drinks firm Wealthy Vitality collapsed halfway via 2019.
Though requests to the American-owned group and BWT to touch upon the likelihood haven’t been responded to, rumours in regards to the tie-up have accelerated after some intriguing feedback within the German media.
With Mick Schumacher making his F1 debut for Haas this yr, his uncle Ralf urged to German publication Categorical that there may very well be a brand new sponsor and new colors for the group.
“A sponsor has simply turn out to be obtainable,” stated Schumacher. “Not that this explicit color comes into play with Mick.”
Ralf Schumacher’s son David (Mick’s cousin) has competed in BWT’s pink colors previously, throughout his time with the BWT-Mucke group in Method 4.
It’s understood, nonetheless, that Haas is probably not BWT’s solely choice, with sources revealing that the corporate has held talks with the Williams group too.
Williams is present process a revamp beneath new buyers Dorilton Capital, and appeared to run its new FW43B in a plain blue livery at Silverstone on Wednesday.
Regardless of the early outing for the automobile, the group is just not planning to carry a launch occasion till March 5. The delay till then earlier than revealing its 2021 challenger may very well be linked to the finalising of latest sponsorship offers.
Williams has declined to touch upon the precise of any BWT talks, nonetheless.
A group spokesperson stated: “Williams Racing is shaping an thrilling new model route and industrial technique and that is leading to important curiosity as we start a brand new period for the group.
“By their nature these discussions are confidential in order a coverage, we don’t touch upon any specifics or hypothesis.”
BWT is lively within the discipline of water remedy throughout a variety of enterprise, together with ingesting water programs, the pharmaceutical trade, heating and air con programs and swimming swimming pools.
The boss and most important shareholder is Mercedes boss Toto Wolff’s good friend Andreas Weibenbacher along with his WAB Group.
The corporate had initially hoped to get entangled in F1 in 2017 as a sponsor at Mercedes, however was solely concerned with doing so if it may rebrand the entire automobile pink.
With Mercedes not keen to maneuver away from its silver colors, a deal was as an alternative struck between BWT and Power India for it to be principal sponsor. That then stepped up for BWT to be title sponsor in 2020.