News Details

Haas paid $20m deposit for F1 team entry

Gene Haas proved his seriousness about entering formula one by paying a $20 million deposit. That is the claim of F1 business journalist Christian Sylt, who told us the "more than $20m" deposit was paid at F1 chief executive Bernie Ecclestone's request. Ecclestone told Forbes at Silverstone that he said to FIA president Jean Todt: "'You must see how honest they (Haas) are. Tell Haas to put a deposit down' and apparently they have." US-based Haas, a Nascar team co-owner who for the F1 project is already aligned with Ferrari, intends to make its debut in 2016, probably with at least one American at the wheel. The identity of that American could be Californian Alexander...
Full Story »
10y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Haas paid ‘$20m deposit’ for F1 team entry

Haas paid ‘$20m deposit' for F1 team entryPosted On 17 Jul 2014By :...
10y ago from ThisIsF1.com

Haas turned down US F1 investment opportunity

Sutton Images Enlarge Gene Haas says his entry into Formula One...
10y ago from espnF1.com

F1 boss says Gribkowsky payment an ‘insurance...

F1 boss says Gribkowsky payment an ‘insurance policy'Posted On 15...
10y ago from ThisIsF1.com

Ecclestone: I was a sarcastic when I asked would 50...

Bernie Ecclestone in court Formula 1  boss Bernie Ecclestone told a...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez hits back at ‘disrespectful’...

Alex Marquez has hit back at claims he has “too much respect” for...

Marco Bezzecchi takes responsibility for crashing out...

Marco Bezzecchi admits he made "a bad mistake" on the first lap...

Ducati to block Aprilia request for Jorge Martin...

Ducati boss Davide Tardozzi says the manufacturer will decline...

Marc Marquez identifies surprise name as his main...

Marc Marquez identified a surprise name he believes is his main MotoGP...

Popular On IndyCarToday.com

IndyCar Thermal Club – Race Results

Following last year’s $1 Million Challenge at The Thermal Club, the NTT...

Alex Palou overruns Pato O’Ward to take IndyCar...

The NTT IndyCar Series visited The Thermal Club for the first...

Popular On TotalWRC.com

Elfyn Evans bags the big game on Safari

Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Hugo Ekitike delivers Man United huge admission amid...

Eintracht Frankfurt forward Hugo Ekitike has sparked speculation about his...
4h ago from CaughtOffside.com

Report: Arsenal source cheaper Alexander Isak...

Arsenal are reportedly gearing up for a major move to land Viktor Gyokeres...
6h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.