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Haas undeterred by challenge of starting F1 team

Gene Haas wants double the profits of CNC machine manufacturer Haas Automation to $2 billion a year -- a goal he believes he can only accomplish by tapping into the global market. And how does he do that? By starting a Formula One team, of course. Haas insisted Monday he is serious about fielding an F1 team based in North Carolina, on the same land in Kannapolis that houses the Stewart-Haas Racing NASCAR team he co-owns with Tony Stewart. 'We want to be an American team. We think that has the most sizzle to it,' he said. Haas, through Haas Racing Development, paid a $5,000 application fee to F1's governing body during an open application period for new teams interested in racing in either...
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10y ago from F1Pulse.com 0
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