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F1 looks nervously at US political turmoil
Apr.28 Formula 1 is nervously watching developments in United States politics. Recently, Haas Automation – whose founder Gene Haas also owns the Haas F1 team – expressed grave concerns about sweeping international tariffs imposed by the Trump administration. The US government subsequently installed a 90-day pause, reducing the baseline tariff figure to 10 percent – but tariffs on Chinese imports were accelerated to an incredible 145 percent. Donald Trump has also said an extension to the current 90-day pause, which expires in July, is 'unlikely'. So with Formula 1 now heavily invested in the United States, other teams apart from Haas are also now expressing concern about...
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8mo ago from OneStopStrategy.com
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