Gene Haas with his entourage in Canada
Formula 1′s newest team owner Gene Haas was a high profile figure during the Canadian Grand Prix weekend as he took a look around the paddock which he will soon inhabit, and admitted that he seriously considered buying an existing team to make his foray into the sport.
Haas told Autoweek, “We did look a little bit, I would say almost a year ago, at buying a team but we ended up with a lot of complex issues that had to be resolved and, generally speaking, you end up spending more money than starting with a clean sheet so we really think this a better way to do it. The compromise is that I think it takes a bit longer to do it.”
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