Barcelona, Spain - May 11, 2012
Rockwell Collins’ aviation technology will soon enter the world of Formula 1™ racing under a strategic agreement with Caterham F1 Team, announced today.
Under the terms of the agreement, Rockwell Collins and Caterham F1 Team will collaborate to define aviation technology that will be adapted in the team’s quest to win the Fédération Internationale de l’Automobile (FIA) Formula 1 World Championship. In exchange, F1 fans will see the Rockwell Collins logo on the Caterham F1 Team car, in the pits and elsewhere throughout the racing season.
“This teaming agreement joins two innovative forces on a world stage,” said Colin Mahoney, vice president, Commercial Systems Marketing and Sales for Rockwell Collins. “Both Rockwell Collins and Caterham F1 Team strive for technological advances that deliver speed, power, performance and reliability.”
Mahoney added that the size and interests of the Formula 1 audience perfectly complements Rockwell Collins’ international growth strategy to establish stronger local presence in key markets.
Riad Asmat, Caterham Group CEO: “Our relationship with Rockwell Collins is another step forward for our fast developing team and signifies the strength of our brand in the cutting edge markets Rockwell Collins leads. We are delighted to welcome Rockwell Collins into our team and are all excited about the opportunities this collaboration will bring.”
About Caterham F1 Team
Caterham F1 Team, based in the United Kingdom, began in September 2009 when shareholders Tony Fernandes, Kamarudin Meranun and SM Nasarudin were granted entry into the 2010 FIA Formula 1 World Championship. Just six months later, the team had two cars classified in the season-opening Bahrain Grand Prix, a platform which served to propel the team, then on track under the guise of Lotus Racing, to the position of fastest new team in F1. 2011 saw the team race as Team Lotus, successfully achieving its goal of winning tenth place in the championship and closing the gap to the established midfield teams ahead. For 2012, Caterham F1 Team is the new, long-term identity the team will race under and the home of Russian driver Vitaly Petrov, who joins Heikki Kovalainen as one of the two race drivers pushing to join some of the most famous names in global motorsport as they challenge for honours in Formula 1.
About Rockwell Collins
Rockwell Collins (NYSE: COL) is a pioneer in the development and deployment of innovative communication and aviation electronic solutions for both commercial and government applications. Our expertise in flight deck avionics, cabin electronics, mission communications, information management, and simulation and training is delivered by 20,000 employees, and a global service and support network that crosses 27 countries. To find out more, please visit www.rockwellcollins.com.
Ends
Rockwell Collins Media Contact:
Josh Baynes
319.491.5796 mobile
319.263.9132 office
Follow us on Twitter: @RockwellCollins
Caterham F1 Team Media Contact
Tom Webb
M: +44 (0) 7581 208 504
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