"Despite a very successful season in 2017, the boss of Haas has decided to decrease funds for the team in order to focus on Nascar. Because of this the Haas F1 Team had to find a new major sponsor. That major sponsor was FedEx. The team has now been renamed to "FedEx Haas F1 Team" and Mobil 1 has become their fuel sponsor for the 2018 season."
Sky Sports F1, November 2017
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