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Stock impact report

Garrett Motion Stays in the Fast Lane with Scuderia Ferrari HP [Yahoo! Finance]

Garrett Motion Inc. (GTX) 
Last garrett motion inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Garrett Motion Inc. (Nasdaq: GTX), a global leader in high-performance turbocharging and electrification technologies, today announced the renewal of its long-standing technical partnership with Scuderia Ferrari HP. Under this extended agreement, Garrett will continue to develop and supply the next-generation turbo system for Ferrari's Formula 1 power unit starting with the 2026 FIA regulation cycle. This renewal marks an exciting milestone for Garrett and reinforces the deep collaboration that began in 2014 with the introduction of Formula 1's hybrid turbo era. For more than a decade, Garrett's cutting-edge boosting technologies have supported Ferrari's pursuit of performance, efficiency, and reliability at the highest level of motorsport. In the 2026 Formula 1 season, the sport will move to a simpler hybrid architecture with a significantly larger electric contribution requiring power units that deliver greater efficiency, faster energy recovery, and sharper responsiveness in ev Show less Read more
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