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 »
Full Story »
1y ago from OneStopStrategy.com
0
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...
1y ago from F1i.com
Amid Haas strife, Toyota rumours build
Apr.9 Speculation is rising that Toyota intends to gradually intensify...
1y 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...
1y 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...
1y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: 'Marco Bezzecchi and I are not friends,...
No description available...
4h ago from Motorsport.com
Luca Marini suggests new Safety Commission model amid...
No description available...
5h ago from Motorsport.com
Ducati confident about Marc Marquez’s level: “He...
No description available...
6h ago from Motorsport.com
Maverick Vinales 'feeling good’ ahead of MotoGP...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Last year’s Indy 500 defeat “hurt more than...
No description available...
53m ago from Motorsport.com
Conor Daly: “This is the best car I’ve ever had...
No description available...
4h ago from Motorsport.com
Indy 500 Day 2 practice results: Conor Daly tops the...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
Why returning to the WRC podium was so important for...
No description available...
1d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
4d ago from Motorsport.com
WRC Portugal: Thierry Neuville inherits lead as...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal working tirelessly to sign 20-G/A Real Madrid...
Arsenal are looking to sign the Turkish playmaker Arda Guler at the end of...
4h ago from CaughtOffside.com
Episode 876 – London calling
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
4h ago from Arseblog.com
'Maybe…' – manager drops major selection...
Crystal Palace manager Oliver Glasner has strongly hinted at heavily...
9h ago from CaughtOffside.com
1 in, 1 out: Arsenal ready to replace recent signing...
Arsenal are reportedly showing an interest in the potential signing of...
7h ago from CaughtOffside.com
Comments
Hottest News
Goodbye Papaya rules? F1 insider shares update over...
Has there ever been a phrase in F1 as grating as... Read More »
33m ago from GPFans.com
Nurburgring race director takes action over Max Verstappen...
F1 champion Max Verstappen's presence at the... Read More »
1h ago from GPFans.com
Zak Brown writes letter to FIA over 'controversial' Red...
The McLaren Racing CEO has long been against the... Read More »
1h ago from RacingNews365.com
