News Details
Haas came out of 2020 ‘very financially stable'
F1 team owner Gene Haas has said the new strategy for his outfit means they are 'very financially stable'. The global pandemic caused the 2020 Formula 1 season to be delayed and although the FIA enforced a shutdown of the team's factories, several constructors still ran into difficulties. McLaren were forced to take loans and look to sell and lease back their Technology Centre to stabilise the company, although they were able to secure a strong budget for their Formula 1 outfit through a partial sale of the team, while the Williams family sold their team to Dorilton Capital. Formula 1 itself posted record losses for 2020. “Sometimes survival is a racing strategy, just trying to...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Haas: Sometimes survival is a racing strategy
Article To news overview Gene Haas, the owner of the Haas F1 team,...
4y ago from RacingNews365.com
INTERVIEW: Where next for Gene Haas's Formula 1 team?
Gene Haas got into Formula 1 for one very specific reason, and that was...
4y ago from Racer.com
Haas: Mercedes dominance killed what F1 is all about
Formula 1 team owner Gene Haas did not mince his words when he declared...
4y ago from GrandPrix247.com
Haas: 2021 will be difficult but I’m optimistic...
Haas Formula 1 Team owner Gene Haas has admitted that the 2021 season is...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
12h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
13h ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
1d ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
4d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
11h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal join Tottenham & Chelsea in race for...
Arsenal, Tottenham and Chelsea remain interested in signing the Juventus...
8h ago from CaughtOffside.com
Arsenal plot surprise raid for 6ft 5in teen sensation...
Arsenal are interested in signing the AC Milan defender Davide...
8h ago from CaughtOffside.com
Arsenal conceding late goals is not a defence issue -...
Another fright before Christmas. Arsenal never seem to do it the easy way.
16h ago from SkySports.com
Arsenal latest: Kepa ready for Chelsea reunion in...
No description available...
16h ago from SkySports.com
Comments
Hottest News
F1 Academy reveals where it will support Formula One in 2026
F1 Academy, the female-only, Formula-4 level... Read More »
1h ago from F1Technical.net
Ferrari suggests that it could take some positives despite...
On the back of a disastrous season for the... Read More »
1h ago from F1Technical.net
Honda detail 'intense' Adrian Newey conversations as Aston...
Adrian Newey knows all about Aston Martin's new... Read More »
9h ago from RacingNews365.com
