News Details

Steiner offers insight into Haas' extended commitment to F1

Haas boss Guenther Steiner says team owner Gene Haas considered the terms of F1's new Concorde Agreement as offering the US outfit a potentially viable future in the sport. Haas, whose team joined the grid in 2016, mulled a pull-out from the sport amid the team's struggles and Grand Prix racing's economic downturn due to the coronavirus pandemic. But the American businessman was also unhappy with F1's revenue distribution which only compounded the minnow outfit's difficulties in keeping its head above the water. However, a significant revision of the latter was met with satisfaction by Haas who put pen to paper recently to extend his team's presence on the grid for the next five years....
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Steiner: New Concorde agreement brings 'value' to Haas

Haas F1 Team boss Guenther Steiner says Grand Prix racing's new Concorde...
5y ago from F1i.com

Haas explains renewed commitment to Formula 1

Haas team boss Guenther Steiner says owner Gene Haas believes in Formula...
5y ago from MotorsportWeek.com

‘We Have a Cockpit For Him’: Glickenhaus Racing...

Four-time World Champion Sebastian Vettel is counting down his last races...
5y ago from Formula1News.co.uk

Haas' Guenther Steiner: “Without all of these...

The Haas F1 Team committed themselves to a further five years in Formula...

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

Paul Merson predicts Leeds vs Arsenal, Tottenham vs...

Some unbelievable stuff happened in the Premier League last weekend! I...
39m ago from SportsKeeda.com

'I think they would suit him' - Bacary Sagna names...

Bacary Sagna believes that Real Madrid's Kylian Mbappe would fit into...
1h ago from SportsKeeda.com

Episode 862 – Oh hi, Kai!

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
2h ago from Arseblog.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.