MGM Resorts International Named Official Partner of MoneyGram Haas F1 Team
Global Entertainment Company to Collaborate with American-owned Team Ahead of 2023 LV Grand Prix
LAS VEGAS (May 26, 2023) – MGM Resorts International announced today it has entered into an agreement with the MoneyGram Haas F1 Team, designating the entertainment company as an official partner for the 2023 Formula One season.
The partnership, MGM Resorts’ first with a Formula One racing team, includes steering wheel branding on the VF-23 during the Monaco, Singapore, Austin and Las Vegas races, as well as digital and social presence in MoneyGram Haas F1 Team promotional content throughout the season.
“The MoneyGram Haas F1 Team is a long-time, proven leader and innovator in the Formula One industry with one of racing’s most passionate fan bases,” said Lance Evans, MGM Resorts’ Senior Vice President of Sports and Sponsorship. “This partnership gives us a phenomenal opportunity to showcase the MGM Rewards experience as we welcome the popular sport to Las Vegas in November.”
MGM Resorts and MoneyGram Haas F1 Team will offer exclusive fan activations at select properties including team driver meet and greets, garage tours, and more over the course of the three-day FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX 2023 event November 16-18.
Guenther Steiner, Team Principal of MoneyGram Haas F1 Team, said, “I’m delighted that we’re partnering with a real Las Vegas institution in the form of MGM Resorts International. We’re naturally very excited as a team to be utilizing their properties throughout the Las Vegas event – not least as we know we’ll have outstanding amenities and luxurious surroundings at our disposal for both work and rest during race week. The team at MGM Resorts has been fantastic to work with and I think they’re pretty enthusiastic to be partnering together with America’s only Formula 1 team at such a headline event for the city. We’re looking forward to working on some fan-focused events and truly bringing all that’s special about Formula 1 to the fans in Las Vegas.”
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 33 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company’s 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker, and the Company’s subsidiary, LeoVegas AB, offers sports betting and online gaming through market-leading brands in nine jurisdictions in Europe. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its “Focused on What Matters: Embracing Humanity and Protecting the Planet” philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.
About MoneyGram Haas F1 Team
MoneyGram Haas F1 Team debuted in the FIA Formula 1 World Championship in 2016, becoming the first American Formula 1 team since 1986. Founded by industrialist Gene Haas, MoneyGram Haas F1 Team is based in the United States on the same Kannapolis, North Carolina, campus as his championship-winning NASCAR team, Stewart-Haas Racing. Haas is the founder of Haas Automation, the largest CNC machine tool builder in North America, and he is chairman of MoneyGram Haas F1 Team. For more information, please visit www.haasf1team.com.
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Media Contacts:
Scott Ghertner
MGM Resorts International
Stuart Morrison / Jessica Borrell
Haas F1 Team