Basel, Switzerland – 22 May 2020 - Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, re-signed its Official Team Supplier contract with the Mercedes-AMG Petronas Formula One Team at the beginning of 2020. The Team is the reigning FIA Formula One^TM Constructors’ Champion, having clinched a world record sixth consecutive title at the end of the 2019 season and it has relied on the customised support and tailored product offerings from Spies Hecker, a global refinish brand of Axalta, for more than six years.

Axalta works closely with the Team’s Paint Shop in Brackley, UK, to ensure that the paintwork on the cars is light, durable and can withstand the extreme track conditions, while also looking stunning.

The 2020 livery, which was unveiled in London, England, in February, and which according to the FIA may well be on track, racing, at some point this season, has one noticeable difference: the addition of burgundy. This injection of a new colour is thanks to Mercedes-AMG Petronas Formula One Team’s new Principal Partner, INEOS, as burgundy is the colour of its sports division, which includes its Tour de France and America’s Cup teams.

Andrew Moody, Head of Paint and Graphics at Mercedes-AMG Petronas Formula One Team, explains, “The burgundy isn’t quite as straightforward as it may look. There is also a five-colour fade from the burgundy into black and a very fine black key line and a silver key line that outline the burgundy areas. Plus, the INEOS name is painted in white, so the process is fairly complex, but we know we can rely on Spies Hecker.”

Axalta’s involvement in Formula One^TM - the premier global racing discipline - is key to the company’s decades-long racing partnerships in the US, Europe, Asia, and Latin America. These relationships allow Axalta to demonstrate its technology and product innovations while strengthening its commitment to racing of all kind – major series like NASCAR, WEC as well as Formula Student racing.

For more information about Axalta’s involvement in motorsports, please visit www.axaltaracing.com. For more information about Spies Hecker, please visit www.spieshecker.co.uk and to follow Mercedes-AMG Petronas Formula One Team, visit www.mercedesamgF1.com.

About Axalta

Axalta is a leading global company focused solely on coatings and providing customers with innovative, colourful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With more than 150 years of experience in the coatings industry, the 14,000 people of Axalta continue to find ways to serve our more than 100,000 customers in 130 countries better every day with the finest coatings, application systems and technology. For more information visit axalta.co.uk and follow us @Axalta on Twitter and on LinkedIn.

About Spies Hecker

Spies Hecker, a global refinish coating brand from Axalta, develops optimum and practical paint system solutions that make bodyshop work easier and more efficient. Originally from Cologne, Germany, and with over 135 years of success behind it, Spies Hecker’s high-quality product systems, customised service and tailored training demonstrate its partnership with the refinish industry. The paint brand is one of the world’s leading vehicle refinish brands, and is available in over 75 countries worldwide.

Spies Hecker – simply closer!