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
Alex Marquez hopes to race in MotoGP German GP...
No description available...
15h ago from Motorsport.com
Jorge Martin set for private MotoGP test following...
No description available...
1d ago from Motorsport.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
4d ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How Scott Dixon pulled off another fuel-saving...
No description available...
15h ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
1d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
2d ago from MotorsportWeek.c...
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC legend Juha Kankkunen to drive hydrogen Toyota...
No description available...
21h ago from Motorsport.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
4d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Wednesday bits: Norgaard, Gyokeres, Mosquera, Heinze
Morning all. It's a day of snippets. First is that Christian Norgaard was...
1h ago from Arseblog.com
Sources: Arsenal closer to agreeing payment structure...
Arsenal are closer to reaching an agreement with Crystal Palace over the...
2h ago from CaughtOffside.com
Gyokeres hijack? Surprise club line up stunning move...
Arsenal are looking to sign Viktor Gyokeres from Sporting this summer but...
2h ago from CaughtOffside.com
Major Arsenal signing has 'stalled' with club unhappy...
Arsenal's potential deal to sign Valencia defender Cristhian Mosquera has...
2h ago from CaughtOffside.com
Comments
Hottest News
Martin Brundle questions certain F1 car: 'Broken like an...
Martin Brundle has highlighted a cause for worry... Read More »
2h ago from RacingNews365.com
McLaren F1 protest verdict issued over British GP penalty
McLaren F1 star Oscar Piastri has issued a... Read More »
1h ago from GPFans.com
Mohammed Ben Sulayem answers ‘reign of terror' claim...
Mohammed Ben Sulayem has answered the claims... Read More »
1h ago from MotorsportWeek.com