News Details
Haas F1 team denies rumours of financial strife
Apr.10 Formula 1's smallest team is playing down suggestions it may be in financial strife. As global markets reacted with extreme volatility to the ongoing Donald Trump tariff saga, the Haas team's parent company Haas Automation issued a statement. Tellingly, the letterhead also featured the Haas F1 Team logo, while the content alarmingly revealed that demand for Haas machine tools has seen a 'dramatic decrease'. Haas said it has reduced production, eliminated overtime, and halted hiring. Since the statement was issued, Trump has paused the global tariffs – with the exception of China – for 90 days, revealing that most countries are willing to negotiate. As for any impact on...
Full Story »
Full Story »
1mo ago from OneStopStrategy.com
0
You May Also Be Interested In...
Haas Automation hit hard by US tariffs but F1 team...
© XPB Phillip van Osten
09/04/2025 at 16:2309/04/2025 at 16:49...
1mo ago from F1i.com
Amid Haas strife, Toyota rumours build
Apr.9 Speculation is rising that Toyota intends to gradually intensify...
1mo ago from OneStopStrategy.com
Newey has ‘no big ideas' yet – Alonso
Apr.4 Adrian Newey has no 'big ideas' about how to add pace to Aston...
1mo ago from OneStopStrategy.com
Marko pokes fun at McLaren's ‘Papaya rules'
Apr.7 Dr Helmut Marko poked fun at McLaren's so-called ‘Papaya...
1mo ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Raul Fernandez: “I don’t race for money – I race...
No description available...
14h ago from Motorsport.com
Kevin Schwantz: ‘Nothing but gains to be had'...
1993 500cc champion Kevin Schwantz believes the potential Liberty Media...
1d ago from MotorsportWeek.c...
Jorge Martin pushing for early Aprilia exit;...
No description available...
4d ago from Motorsport.com
Why Martin-vs-Aprilia conflict will have no easy...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Dixon fastest in treacherous Fast Friday practice at...
The boost was turned up for Friday’s practice running at the...
6h ago from MotorsportWeek.c...
Scott McLaughlin leads treacherous Fast Friday with...
No description available...
6h ago from Motorsport.com
Kyffin Simpson sent airborne in scary Indy 500...
No description available...
11h ago from Motorsport.com
Kyle Larson crashes during mock qualifying run in Indy...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tänak tops Rally Portugal after fierce Friday...
Ott Tänak claimed his 400th career stage win on the final stage of Rally...
8h ago from MotorsportWeek.c...
Sudden failure forces Fourmaux out of Rally Portugal...
No description available...
13h ago from Motorsport.com
Martins Sesks working on expansion to 2025 WRC...
No description available...
4d ago from Motorsport.com
Hyundai offers update on its WRC future dilemma
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Brighton transfer news: '£30m-plus-player bid'...
Brighton & Hove Albion are reportedly pursuing a deal to sign a...
8h ago from SportsMole.co.uk
Kai Havertz ‘destroying metrics’ as he nears...
t;li>Mikel Arteta: ‘There’s been a transformation in his...
7h ago from TheGuardian.com
Premier League GW37 predictions: Arsenal to win...
Sports Mole takes on singer-songwriter Harry Lyon for a Premier League...
14h ago from SportsMole.co.uk
Arsenal vs Newcastle United Prediction and Betting...
The Premier League returns to the fold with another set of matches this...
10h ago from SportsKeeda.com
Comments
Hottest News
F1 2025 Emilia-Romagna Grand Prix – FP2 Results
It was a McLaren one-two once again as Oscar... Read More »
12h ago from MotorsportWeek.com
Verstappen “got overtaken by the McLarens” during his...
Having failed to finish in the top positions... Read More »
2h ago from F1Technical.net
What did teams have to say after the opening day at Imola?
The first day of track action for the... Read More »
20m ago from F1Technical.net
