Mphasis Partners with Haas F1 Team

Mphasis has announced a multi-year partnership with the MoneyGram Haas F1 Team, becoming their Official Digital Partner to enhance motorsport performance through advanced technology. The collaboration will leverage Mphasis's expertise in data analytics, automation, cybersecurity, and artificial intelligence, focusing on real-time data analysis, predictive modeling, and performance optimization. Ayao Komatsu, Team Principal of Haas F1, emphasized the importance of Mphasis's technological capabilities in achieving higher performance levels. Mphasis CEO Nitin Rakesh highlighted the partnership's potential to redefine technology in high-performance sports. This partnership will debut Mphasis branding on Haas F1 cars at the Las Vegas Grand Prix, marking a significant milestone for both organizations. Additionally, Mphasis's shares saw a rise of approximately 2% following the announcement.