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Haas will need outside backing in the future - Steiner

F1 sponsorship may be hard to secure, but Haas boss Guenther Steiner says his team will require outside backing sooner rather than later. Since its arrival in Grand Prix racing two year ago, the US outfit has relied on funding from Haas Automation, the CNC machine tool manufacturer founded by Gene Haas. The team's annual budget as a mid-field team is estimated at $130M with over two-thirds of its income supplied by Haas Automation while approximately $13M comes from outside sponsorship. Steiner insists that in the future, those numbers will need to be reversed. Steiner wants more consistency from Haas in 2018 "I think that's a priority, it's just difficult to get sponsors," the...
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7y ago from F1i.com 0
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