International company joins forces with Mercedes: 'Great step'
F1 News
Mercedes' Formula 1 team has entered into a partnership with Signify, a multinational company based in Eindhoven and formerly known as Philips Lightning (they still use the brand name Philips). Announcing the partnership, Mercedes has expressed its ambition to become one of the most sustainable sports teams in the world.
Signify and the Mercedes F1 Team state they are committed to responsible innovation, ‘founded on a shared belief that performance should not come at any cost and that sustainability does not compromise on performance’. As both teams continue to drive the transformation of their industries, responsible innovation elevates performance and leads to sustainable outcomes.
Toto Wolff, team boss and CEO of the Mercedes F1 team, said: "Innovation and performance are at the heart of everything we do. We are also conscious of our wider social responsibilities and therefore embed sustainability in every action. Partnering with Signify is an exciting step that will help us make further progress in both of these areas."
Signify already active in Formula 1
For Signify, Formula 1 is not new. For instance, the company is the driving force behind several evening races with their lighting. "We look forward to working together to establish synergies in this area and their support in our ambition to become one of the world's most sustainable sports teams. We also believe that wellbeing is linked closely with performance. Signify's lighting technology and innovation will ensure optimal conditions for our team members, and we are excited to explore how we can optimise these opportunities further," Wolff said.