News Details
Haas came out of 2020 ‘very financially stable'
F1 team owner Gene Haas has said the new strategy for his outfit means they are 'very financially stable'. The global pandemic caused the 2020 Formula 1 season to be delayed and although the FIA enforced a shutdown of the team's factories, several constructors still ran into difficulties. McLaren were forced to take loans and look to sell and lease back their Technology Centre to stabilise the company, although they were able to secure a strong budget for their Formula 1 outfit through a partial sale of the team, while the Williams family sold their team to Dorilton Capital. Formula 1 itself posted record losses for 2020. “Sometimes survival is a racing strategy, just trying to...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Haas: Sometimes survival is a racing strategy
Article To news overview Gene Haas, the owner of the Haas F1 team,...
4y ago from RacingNews365.com
INTERVIEW: Where next for Gene Haas's Formula 1 team?
Gene Haas got into Formula 1 for one very specific reason, and that was...
4y ago from Racer.com
Haas: Mercedes dominance killed what F1 is all about
Formula 1 team owner Gene Haas did not mince his words when he declared...
4y ago from GrandPrix247.com
Haas: 2021 will be difficult but I’m optimistic...
Haas Formula 1 Team owner Gene Haas has admitted that the 2021 season is...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
17h ago from MotorsportWeek.c...
Marc Marquez hits out at criticism of brother Alex...
No description available...
16h ago from Motorsport.com
Alex Marquez set for surgery after Dutch MotoGP crash
No description available...
17h ago from Motorsport.com
MotoGP Dutch GP: Marc Marquez soaks up the pressure as...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
2d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
3d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
5d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
18h ago from Motorsport.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
14h ago from Motorsport.com
FIA investigates WRC retirements due to fuel system...
No description available...
19h ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
18h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Sources: Matter of time before Arsenal &...
Sources consider it only a matter of time before Viktor Gyokeres leaves...
44m ago from CaughtOffside.com
Hugo Ekitike linked as a new week begins
Good morning. A few Monday bits for you to kick off what I think might be...
54m ago from Arseblog.com
Arsenal target very keen on summer move, seeking...
Arsenal continue to be linked with a move for the Swedish international...
1h ago from CaughtOffside.com
Papers: Gyokeres will refuse to return to Sporting to...
The top stories and transfer rumours from Monday's newspapers...
9h ago from SkySports.com
Comments
Hottest News
FIA issue Lando Norris disqualification verdict at Austrian...
The FIA have issued a comprehensive verdict for... Read More »
13h ago from GPFans.com
Ecclestone: First time in 70 years in F1 I’ve been on the...
Bernie Ecclestone, the former Formula 1 supremo... Read More »
54m ago from GrandPrix247.com
Austrian Grand Prix: Drivers and Teams report from Spielberg
No description available... Read More »
54m ago from GrandPrix247.com
