News Details

Haas F1 team denies rumours of financial strife

Apr.10 Formula 1's smallest team is playing down suggestions it may be in financial strife. As global markets reacted with extreme volatility to the ongoing Donald Trump tariff saga, the Haas team's parent company Haas Automation issued a statement. Tellingly, the letterhead also featured the Haas F1 Team logo, while the content alarmingly revealed that demand for Haas machine tools has seen a 'dramatic decrease'. Haas said it has reduced production, eliminated overtime, and halted hiring. Since the statement was issued, Trump has paused the global tariffs – with the exception of China – for 90 days, revealing that most countries are willing to negotiate. As for any impact on...
Full Story »
10mo ago from OneStopStrategy.com 0
Share

You May Also Be Interested In...

Haas Automation hit hard by US tariffs but F1 team...

© XPB  Phillip van Osten 09/04/2025 at 16:2309/04/2025 at 16:49...
10mo ago from F1i.com

Amid Haas strife, Toyota rumours build

Apr.9 Speculation is rising that Toyota intends to gradually intensify...
10mo ago from OneStopStrategy.com

Newey has ‘no big ideas' yet – Alonso

Apr.4 Adrian Newey has no 'big ideas' about how to add pace to Aston...
10mo ago from OneStopStrategy.com

Marko pokes fun at McLaren's ‘Papaya rules'

Apr.7 Dr Helmut Marko poked fun at McLaren's so-called ‘Papaya...
10mo ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir: ‘Everyone cannot sleep’ because of 2027...

Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
14h ago from MotorsportWeek.c...

Fermin Aldeguer to miss MotoGP season opener in...

Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...

Popular On IndyCarToday.com

Romain Grosjean returns to IndyCar with full time seat...

Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
12h ago from MotorsportWeek.c...

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...

Popular On TotalWRC.com

Takamoto Katsuta heads Toyota 1-2-3 in Rally Sweden

Takamoto Katsuta and Aaron Johnston lead Rally Sweden after Friday’s...

Popular On GunnersToday.com

8 goals in 11 starts: Arsenal, Chelsea & Man Utd...

Eli Junior Kroupi has been outstanding for Bournemouth since joining the...
9h ago from CaughtOffside.com

National team manager 'optimistic' about Arsenal...

Spain manager Luis de la Fuente has spoken about Arsenal midfielder Mikel...
15h ago from CaughtOffside.com

Possible boost for Arsenal as Manchester City star...

Manchester City midfielder Rodri has been charged by the Football...
14h ago from CaughtOffside.com

“Astonishing” attacker on Arsenal and Chelsea...

Atletico Madrid striker Julian Alvarez is a target for Arsenal and Chelsea...
13h 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.