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FIA approves Haas candidature to enter F1

A new Formula One team, directed by NASCAR team owner Gene Haas has been permitted an entry to F1 in 2015, Haas and the FIA confirmed on Friday following a meeting of the World Motorsport Council at Morocco. Haas, who jointly owns the Stewart-Haas NASCAR team confirmed in a statement that the FIA officially allowed him an entry into F1 for 2015. Haas sought approval with the FIA following a tender in which each candidate has to ensure they have the technical and financial capacity to run a Formula One team. New 2015 entrants would be able to exploit the relaxed regulations on intellectual property sharing between F1 teams. In reality this could enable Haas to buy nearly everything from...
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