News Details

Haas paid $20 million deposit for F1 team entry

Gene Haas Gene Haas proved his intent and seriousness about entering Formula 1 by paying a $20 million deposit. That is the claim of business journalist Christian Sylt, who told us the more than $20 million deposit was paid at Formula 1 chief executive Bernie Ecclestone's request. Ecclestone told Forbes at Silverstone that he said to FIA president Jean Todt: '‘You must see how honest they [Haas] are. Tell Haas to put a deposit down' and apparently they have.' US-based Haas, a Nascar team co-owner who for the Formula 1 project is already aligned with Ferrari, intends to make its debut in 2016, probably with at least one American at the wheel. The identity of that American could be...
Full Story »
1y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Haas paid ‘$20m deposit’ for F1 team entry

Haas paid ‘$20m deposit' for F1 team entryPosted On 17 Jul 2014By :...
1y ago from ThisIsF1.com

Haas paid $20m deposit for F1 team entry

Gene Haas proved his seriousness about entering formula one by paying a...
1y ago from GrandPrix.com

F1 boss says Gribkowsky payment an ‘insurance...

F1 boss says Gribkowsky payment an ‘insurance policy'Posted On 15...
1y ago from ThisIsF1.com

Ecclestone: I was a sarcastic when I asked would 50...

Bernie Ecclestone in court Formula 1  boss Bernie Ecclestone told a...
1y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Rossi laments “stupid mistake” that cost Assen...

Valentino Rossi was left to lament his own “stupid mistake” after...
21h ago from Motorsport.com

MotoGP: Lorenzo – ‘I considered stopping’

Jorge Lorenzo has admitted that he considered pulling into the puts...

Lorenzo: Points gap to Marquez could be "much...

Reigning MotoGP champion Jorge Lorenzo has said that, despite two bad...
5h ago from Motorsport.com

Assen MotoGP: Jack Miller stuns in wet and wild...

Jack Miller scored his maiden MotoGP race victory in a sensational wet...
1d ago from Motorsport.com

Popular On IndyCarToday.com

"What They're Saying" from KOHLER Grand Prix

Top 10 quotes from the Kohler Grand Prix Verizon IndyCar Series race on...
16h ago from Motorsport.com

Road America - Qualifying results

Full qualifying results for the ninth round of the 2016 Verizon IndyCar...
1d ago from Crash.net

INDYCAR: Power holds off Kanaan at Road America

Team Penske's Will Power mastered the Road America circuit on IndyCar's...
19h ago from Racer.com

VIDEO: Robin Miller's commentary on Road America

RACER's Robin Miller reviews a weekend of highs at Road America and calls...
17h ago from Racer.com

Popular On TotalWRC.com

Certina reveals WRC Poland edition

Advertising Celebrating one of the oldest events in the calendar, the new...
1h ago from WRC.com

Paddon targets Poland bounce back

Kiwi keen to put recent disappointment behind him
2d ago from WRC.com

Craig Breen and Stéphane Lefebvre to represent Abu...

Winners of Rally de Portugal with Kris Meeke and Paul Nagle, the Abu Dhabi...
2d ago from Motorsport.com

Ogier draws 'additional strength' from fatherhood

Will Tim make the champ even faster?
3d ago from WRC.com

Popular On GunnersToday.com

Cesc Fabregas is a leader for Spain... now he can...

Cesc Fabregas has always been a leader for Spain... now he needs to help...
3h ago from DailyMail.co.uk

Picture: Manchester United midfielder is modelling...

Olivier Giroud is a good looking chap. I’m not afraid to say it. As the...
4h ago from CaughtOffside.com

N Brazil says Arsenal after Gabigol

N Brazil have linked Arsenal with Santos forward, Gabriel Barbosa, known...
3h ago from News.ArseBlog.com

Mesut Ozil urges Germany team-mates to move to EPL as...

Mesut Ozil urges Germany team-mates to move to the Premier League as...
6h ago from DailyMail.co.uk

Comments

Hottest News

WATCH: Brawn GP returns!

Seven years after completing a sporting fairytale... Read More »
3h ago from SkySports.com

'Never say never' about F1 return - Brawn

Ross Brawn insists he has had no high-profile job... Read More »
40m ago from F1i.com

Bernie Hood – ‘I told Toto not to think about banking...

Bernie Ecclestone has stated he wants to change... Read More »
40m ago from F1.co.uk

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.