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 MotoGPToday.com

Rain or shine, Rossi delivers

The rain may have presented him with a chance of victory, but you still...
11h ago from MotoGP.com

Doohan: Age hasn't hindered Rossi

MotoGP Legend and five time 500cc World Champion Mick Doohan gives his...
1d ago from MotoGP.com

Rossi, Lorenzo to test at Motorland Aragon

Movistar Yamaha MotoGP teamsters Valentino Rossi and Jorge Lorenzo will...
13h ago from BikeSportNews.com

Marquez: Lorenzo s speed vs. Rossi s experience

Marc Marquez's fourth DNF of the season means he is now all but certain...
1d ago from Crash.net

Popular On IndyCarToday.com

IndyCar: Penske and CHF teams fined for pitlane...

Team Penske and CHF Racing have both been fined over the bizarre pitlane...
6h ago from Racer.com

RACER Video: Eric Bachelart on Justin Wilson's debut...

Team owner Eric Bachelart brought Justin Wilson from Europe to America to...
2h ago from Racer.com

IndyCar: Ganassi completes budget for three cars

The GoPro Grand Prix of Sonoma featured a four-car assault from Chip...
1d ago from Racer.com

IndyCar: Dixon pockets $1 million bonus for winning...

Less than 24 hours after claiming the fourth Verizon IndyCar Series...
2d ago from Racer.com

Popular On TotalWRC.com

World RX prepares for iconic Loheac event in France

Staged in the small Breton village of Loheac in north-west France, a total...
7h ago from Motorsport.com

WRC tyre change for technical ace Brivio

Italian has a long and distinguished motorsport career
7h ago from WRC.com

Australia countdown: rally rewind 2014

Friday 12 September A tight opening leg ended with Ogier grabbing the...
6h ago from WRC.com

Will Jan Kopecky Make It Back To The WRC?

With the WRC “silly season” heating up, there has been a lot of...

Popular On GunnersToday.com

5 amusing things that happened on the deadline day

With the teams always frantically trying to sign their targets and...
4h ago from SportsKeeda.com

Nicol: All is not well without Welbeck

FC's Alexis Nunes and Steve Nicol break down whether or not Arsenal will...
4h ago from ESPNFC.co.uk

BLOW! Arsenal Striker Danny Welbeck Out For...

It has been reported that Arsenal striker Danny Welbeck will be 'out for...
1h ago from Nastytackle.com

Holland U18 0-2 England U18: Arsenal kid Ben Sheaf and...

Holland U18 0-2 England U18: Arsenal kid Ben Sheaf and Tottenham starlet...
5h ago from DailyMail.co.uk

Comments

comments powered by Disqus

Hottest News

Mercedes uses all engine tokens for Italian GP

After holding back on using any of the ability it... Read More »
5h ago from Motorsport.com

Hamilton warning on Bulls supply

Lewis Hamilton has told Sky Sports that it would... Read More »
6h ago from SkySports.com

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.