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Steiner offers insight into Haas' extended commitment to F1

Haas boss Guenther Steiner says team owner Gene Haas considered the terms of F1's new Concorde Agreement as offering the US outfit a potentially viable future in the sport. Haas, whose team joined the grid in 2016, mulled a pull-out from the sport amid the team's struggles and Grand Prix racing's economic downturn due to the coronavirus pandemic. But the American businessman was also unhappy with F1's revenue distribution which only compounded the minnow outfit's difficulties in keeping its head above the water. However, a significant revision of the latter was met with satisfaction by Haas who put pen to paper recently to extend his team's presence on the grid for the next five years....
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2y ago from F1i.com 0
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