Toyota deepens connections in F1 by sponsoring Haas team in 2026

TOKYO (AP) — Toyota is increasing its presence in Formula 1 after taking over the title sponsorship of the Haas team on Thursday.

It's another high-profile commitment to F1 by a major automaker as the General Motors-backed Cadillac team prepares to make its debut next year.

The team's new name in 2026 will be TGR Haas F1 Team. The TGR stands for Toyota Gazoo Racing, which is the racing division of the Toyota Motor Corporation.

Taking over the title sponsorship means Toyota is more involved in F1 than at any time since it pulled its team out after the 2009 season. Since then, its circuit racing efforts have largely focused on sportscar events, including five straight wins at the 24 Hours of Le Mans from 2018-22.

Haas and Toyota signed a technical partnership a year ago for research, engineering and driver development and the Haas car has carried some Toyota branding since. Toyota-linked Japanese drivers have taken part in tests using older Haas cars.

Haas continues to use Ferrari engines next year under a deal running through 2028, as it has done each year it's raced in F1. Haas has long worked closely with Ferrari and said last year Ferrari was consulted over the founding of its initial Toyota partnership.

Toyota ran its own team in F1 from 2002-09 but failed to win a race despite spending heavily. It eventually withdrew from the series while the parent company was under financial pressure.

“It's naturally a privilege to deepen our relationship with TGR through this new title partnership agreement,” Ayao Komatsu, team principal of Haas, said in a team statement, adding that the existing technical partnership has already “benefited us greatly.”

Akio Toyoda, the chairman of the Toyota Motor Corporation, said: “Throughout our challenges in the 2025 season I witnessed young TGR drivers and engineers begin to believe in their own potential and set their sights on even greater dreams. Seeing this transformation moved me deeply. And today I can say this with confidence — Toyota has begun to move. Really move.”

Toyoda has said previously he had second thoughts about pulling Toyota out of F1. He said part of his regret was not giving young drivers a better chance to compete in F1.

The length of the sponsorship agreement wasn't immediately clear and the statement mentioned only 2026.

Haas has been in F1 since 2016 and is eighth in the constructors' standings this season, which included Oliver Bearman placing fourth in Mexico. That was Haas' best race result since 2018 even though he fell short of achieving the team's first podium finish.

The final race of 2025 is on Sunday in Abu Dhabi and three drivers are in contention for the world championship.

Lando Norris of McLaren leads by 12 points over Max Verstappen of Red Bull. Oscar Piastri of McLaren is 16 points behind. Norris and Piastri are trying for their first season titles, Verstappen is after his fifth straight.

AP Sports Writer James Ellingworth in Duesseldorf, Germany, contributed.

AP auto racing: https://apnews.com/hub/auto-racing

Haas driver Esteban Ocon of France steers his car during the second qualifying session at the Lusail International Circuit ahead of the Qatar Formula One Grand Prix, in Lusail, Qatar, Saturday, Nov. 29, 2025. (AP Photo/Fatima Shbair)

Haas driver Esteban Ocon of France in action during the sprint qualifying for the Formula One Qatar Grand Prix in Friday, Nov. 28, 2025. (AP Photo/Altaf Qadri, Pool)

McLaren driver Lando Norris of Britain smiles during an interview before the start of the Qatar Formula One Grand Prix, in Lusail, Qatar, Sunday, Nov. 30, 2025.(AP Photo/Altaf Qadri)

Winner Red Bull driver Max Verstappen of the Netherlands, centre, second placed McLaren driver Oscar Piastri of Australia, left, and third placed Williams driver Carlos Sainz of Spain celebrate on the podium after the Qatar Formula One Grand Prix, in Lusail, Qatar, Sunday, Nov. 30, 2025.(AP Photo/Fatima Shbair)

Red Bull driver Max Verstappen of the Netherlands celebrates after winning the Qatar Formula One Grand Prix, in Lusail, Qatar, Sunday, Nov. 30, 2025.(AP Photo/Altaf Qadri)

FILE - Then Toyota Motor Corp. Chief Executive Akio Toyoda delivers a speech on the stage at the Tokyo Auto Salon, an industry event similar to the world's auto shows on Jan. 13, 2023, in Chiba near Tokyo. (AP Photo/Eugene Hoshiko, File)

President Donald Trump said U.S. forces will keep hitting Iran “very hard” in the next two or three weeks and bring the country “back to the Stone Ages,” even as he touted the success of U.S. operations and argued that all of Washington’s objectives have so far been met or exceeded.

Trump said Iran would continue to face a barrage of attacks in the short term.

“We are going to hit them extremely hard over the next two to three weeks,” Trump said. “We’re going to bring them back to the Stone Ages, where they belong.”

Trump didn’t say anything about negotiations with Iran or bring up the April 6 deadline he set for Iran to open the Strait of Hormuz, the critical waterway for global oil and gas transport. He has threatened to attack Iran's energy infrastructure if the strait was not reopened.

Trump also did not offer a clear path to end the supply disruptions that have sent energy prices soaring. He did not mention the possibility of sending U.S. ground troops into Iran, or NATO, the trans-Atlantic alliance he has railed against for not helping the U.S. secure the waterway.

Oil rose more than 4% and Asian stocks fell after the comments. Oil prices were sharply higher following Trump’s remarks. Brent crude, the international standard, jumped 4.9% to $106.16 per barrel. Benchmark U.S. crude rose 4% to $104.15 a barrel.

U.S. gas prices jumped past an average of $4 a gallon for the first time since 2022 on Tuesday, as the Iran war continues to push fuel prices higher worldwide. Analysts say those high fuel costs will trickle into groceries as businesses’ transportation and packaging costs pile up.

Here is the latest:

A New York-based think tank said Thursday that U.S. President Donald Trump’s speech suggests he “is willing to leave the Strait of Hormuz off the table, leaving other nations to deal with the consequences.”

“Trump’s message was that the United States can sustain its own economic and energy ecosystem, while countries dependent on regional exports will either have to buy from the United States or manage the Strait themselves,” the Soufan Center wrote.

“While Trump explicitly thanked U.S. allies in the Persian Gulf for their cooperation and allyship, an expedited U.S. withdrawal without securing the Strait will leave many of these countries, whose economies are dependent on energy exports, in the lurch.”

Fuel prices in Thailand soared again on Thursday after the government further cut subsidies, sending diesel price to over 44 baht ($1.35) per liter, about 12% increase.

The surge was the second time in a week, after a majority of fuel prices rose by 6 baht ($0.18) per liter last Thursday.

Democrats are criticizing Trump’s primetime address to the American people on the war in Iran as “incoherent” and as doing little to answer “the most basic questions the American people,” according to statements from two Democratic lawmakers released on Wednesday.

Sen. Mark Warner, D-Va., noted that Trump owed Americans more answers about a conflict that has driven up prices on gas “alongside rising prices for diesel, fertilizer, aluminum, and other essentials, with consequences that will continue to ripple through the economy for a long time to come” in his statement.

Meanwhile, Sen. Chris Murphy, D-Conn., released a statement that said the “speech was grounded in a reality that only exists in Donald Trump’s mind.”

Murphy went on to add that “no one in America, after listening to that speech, knows whether we are escalating or deescalating.”

Oil rose more than 4% and Asian stocks fell after U.S. President Donald Trump said in his first national address since the Iran war began that the U.S. will keep hitting Iran very hard.

Trump also said the United States will “finish the job” in Iran and that military operations could wrap up soon.

Tokyo’s Nikkei 225 was down 1.4% to 53,004.81 in early Asia trading on Thursday. South Korea’s Kospi lost 3.4% to 5,292.36. Hong Kong’s Hang Seng fell 0.8% to 25,082.59.

U.S. futures were down more than 0.7%.

Oil prices were sharply higher following Trump’s remarks. Brent crude, the international standard, jumped 5% to $106.22 per barrel. Benchmark U.S. crude rose 4.2% to $104.36 a barrel.

Members of civic groups hold signs against the U.S. and Israel attacks on Iran near the U.S. Embassy in Seoul, South Korea, Wednesday, April 1, 2026. (AP Photo/Lee Jin-man)

Israel's rescue teams and residents take shelter as sirens sounds next to a site struck by an Iranian missile in Bnei Brak, Wednesday, April 1, 2026. (AP Photo/Oded Balilty)

A family who fled Israeli shelling in southern Lebanon warm themselves by a bonfire next to tents used as shelters in Beirut, Lebanon, Tuesday, March 31, 2026. (AP Photo/Emilio Morenatti)

People stand near a damaged van beside scattered debris following an Israeli strike in Beirut, Lebanon, Wednesday, April 1, 2026. (AP Photo/Hassan Ammar)

A firefighter extinguishes a car at the site of Israeli airstrikes, in Beirut, Lebanon, Wednesday, April 1, 2026. (AP Photo/Hussein Malla)