News Details

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...
Full Story »
7y ago from F1i.com 0
Share

You May Also Be Interested In...

Steiner wants more consistency from Haas in 2018

Haas boss Guenther Steiner believes his team must aim for consistency in...
7y ago from F1i.com

Haas Late Season Form Compromised by Early Switch to...

Guenther Steiner has admitted that his Haas F1 Team may have compromised...

Steiner Ready for New Challenge of Evolution over...

For the first time in their short history, the Haas F1 Team will have...

Mercedes ‘considering' option to start B-team

Mercedes boss Toto Wolff has suggested the Silver Arrows could follow in...
7y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez recalls the ‘super difficult...

Marc Marquez discusses his previous MotoGP career decision to depart...

Popular On IndyCarToday.com

IndyCar looking to add ‘more events, not just...

IndyCar has identified a need to make sure future races on the calendar...
10h ago from MotorsportWeek.c...

JHR retains Sting Ray Robb for second season

Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Popular On TotalWRC.com

Hyundai World Rally Team reverts to shared third car...

Hyundai Motorsport has announced its full line-up for the 2026 FIA World...
20h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Deal confirmed just hours after report of Arsenal...

Arsenal and Chelsea have both been strongly linked with a transfer...
23m ago from CaughtOffside.com

Mikel Arteta responds when asked if Arsenal will make...

Arsenal manager Mikel Arteta has admitted that the club will be alert in...
16h ago from SportsKeeda.com

‘We're certainly going to' – Arteta issues...

As the January transfer window approaches, Arsenal manager Mikel Arteta...
17h 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.