Garrett Motion Inc. (GTX) announced that it will continue its technical partnership with Scuderia Ferrari HP for the 2026 Formula 1 season, extending the collaboration that began in 2014 with the launch of the hybrid turbo era.
The extension confirms Garrett’s role as a key supplier of next‑generation turbo systems for Ferrari’s power unit, a partnership that has already validated the company’s high‑performance turbocharging and electrification technology on the world’s most visible motorsport platform.
Ferrari’s 2026 regulations call for a simplified hybrid architecture and a larger electric contribution. Garrett’s expertise in advanced turbocharging and energy recovery systems positions the company to help Ferrari meet these new requirements, reinforcing the strategic fit between the two organizations.
Garrett’s recent financial performance underscores the partnership’s commercial relevance. In Q3 2025, the company reported revenue of $902 million, up 5.5% from the prior quarter and beating the consensus estimate of $857.95 million. Earnings per share rose to $0.38 from $0.32, a $0.06 beat that reflects disciplined cost management and strong demand in core turbocharger segments. Management maintained its full‑year guidance, citing confidence in continued growth and margin stability.
CEO Olivier Rabiller said, “We are proud to extend our technical partnership with Scuderia Ferrari HP into the next era of Formula 1. Our teams share the same ambition for breakthrough innovation, and we look forward to supporting Ferrari’s performance targets with our next‑generation turbo technologies.” Ferrari’s Team Principal Frédéric Vasseur added, “Garrett has been a trusted partner for many years, and their technology has consistently supported us in achieving our goals. As we prepare for the significant technical challenge of the 2026 regulations, we are pleased to continue this collaboration.”
The partnership extension not only strengthens Garrett’s brand validation in motorsport but also signals a continued focus on technology transfer to commercial markets. By refining turbo and electrification solutions under the demanding conditions of Formula 1, Garrett positions itself to capture growth in automotive and industrial sectors that demand high‑efficiency, high‑performance power‑train components.
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