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Haas loses 10 million start-up bonus

Haas has been told they will not receive the start up bonus that has was paid to F1’s most recent teams. To attract the three new teams back to the grid, formally known as Virgin, Team Lotus and Hispania the bonus was meant to be paid by Bernie Ecclestone due to the fact that the teams only get an official income based on the performance from the previous year.  Meaning teams genrally dont make any money in the first year. But it has been revealed Haas will not be receiving the 10 million with Bernie accredited as saying “It’s not the end of the world for Haas,”  – “When they come into formula one they know. They asked to come in. Nobody asked them.”   Bernie also...
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6y ago from F1.co.uk 0
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