Matt Bacon Posted April 6, 2014 Posted April 6, 2014 If they've got any sense, they'll take a lightweight kid (5'8" and 120lbs) who's learned to drive every course backwards, sideways and straight ahead in Gran Turismo or Forza... There's some serious talent brewing there... And it's not quite the money pit you guys are describing -- sure it costs a lot to run, but the potential sponsorship income/value is there too. The playing field is meant to be a bit more level now as well (who knows if it really is...?) so the "smaller" teams can still run a challenge to the big guys, unlike the days of Jordan and Arrows versus Ferrari and McLaren and Williams-Renault. And SURELY the poison dwarf Ecclestone has got to go soon? F1 will implode when he does, but what doesn't kill you makes you stronger, eh? And F1 without him will be something better than the billion dollar circus that it is now... bestest, M.
Bernard Kron Posted April 7, 2014 Posted April 7, 2014 The trick in F1 is to get up the team standings ASAP to get more of the revenue sharing from the advertising/media/catering/broadcast cash that comes in. The teams get about 60% off the top, pro-rated based on where you place at the end of the previous season. Bottom line, the first year you're on the bottom of the heap and running on your own nickel. So the trick is to get a good design, a good engine, a good engineering team, and good drivers as quickly as possible. If you are a genius and incredibly lucky you can do it on the cheap. but realistically it takes hundreds of millions in the first few years. 250 Million Dollars per year is a decent F1 budget. This is what Ecclestone is referring too. If they fail to advance across the first four years that's probably most of what it will cost them. If they do advance to mid-field by year 4 and get strong sponsorship you could cut that by 70% and even have a team you could sell if you were tired of the whole thing.
afx Posted April 7, 2014 Author Posted April 7, 2014 Haas is approaching F1 as a means to promote his business.
sjordan2 Posted April 11, 2014 Posted April 11, 2014 (edited) And SURELY the poison dwarf Ecclestone has got to go soon? F1 will implode when he does, but what doesn't kill you makes you stronger, eh? And F1 without him will be something better than the billion dollar circus that it is now... bestest, M. It would be surprising if Ecclestone doesn't go to jail after a bribery trial in Germany (unless he has to pay the largest personal fine in history), but there are plenty of qualified people in F1 management. Mr. Ecclestone is not the sort of person most people would like to claim as a personal friend. http://en.wikipedia.org/wiki/Bernie_Ecclestone Edited April 11, 2014 by sjordan2
afx Posted April 16, 2014 Author Posted April 16, 2014 No decision yet on engine supplier, chassis or driver line up. But no mention of Kurt Busch
afx Posted April 16, 2014 Author Posted April 16, 2014 Gunther Steiner named team principle. Eventually Haas Formula wants to become a constructor.
Joe Handley Posted April 16, 2014 Posted April 16, 2014 Seems like starting out in '16 might be the better choice, gives them more time to develop things. Would love to see him create his own chassis and maybe engine at some point too.
afx Posted April 16, 2014 Author Posted April 16, 2014 I wouldn't anticipate Haas ever designing engines. I see them becoming a chassis constructor eventually a la Williams, McLaren, Red Bull, etc.
afx Posted May 30, 2014 Author Posted May 30, 2014 Looks like it will be 2016 before Haas Formula will compete.
afx Posted June 3, 2014 Author Posted June 3, 2014 Forza Rossa has been named the 2nd new F1 team. Headed by Romania’s Ferrari Importer, they have chosen to run Renault “power units”. I’ll bet Montezemolo loves that!
JPS_Lotus Posted June 3, 2014 Posted June 3, 2014 Forza Rossa has been named the 2nd new F1 team. Headed by Romania’s Ferrari Importer, they have chosen to run Renault “power units”. I’ll bet Montezemolo loves that! I love how Colin Kolles is behind this. As if fleecing HRT was not enough, this might be another con job. I'd love to know where the money is coming from.
afx Posted June 11, 2014 Author Posted June 11, 2014 Looks like Formula Haas is going to be a Ferrari customer team.
afx Posted July 3, 2014 Author Posted July 3, 2014 It looking more and more likely that Formula Haas will be a Ferrari customer, Haas Automation has announced they will be a Ferrari sponsor through 2015.
afx Posted September 2, 2014 Author Posted September 2, 2014 The teams has changed its name to Haas F1 Team and launched their website here:
afx Posted September 3, 2014 Author Posted September 3, 2014 It looking more and more likely that Formula Haas will be a Ferrari customer, Haas Automation has announced they will be a Ferrari sponsor through 2015. It's confirmed Haas has signed a multi-year deal with Ferrari. Story here
afx Posted October 23, 2014 Author Posted October 23, 2014 Gene Haas says the first five years of his Formula One project will just be about surviving as he looks to learn from the mistakes of the sport's smaller teams. Haas F1 Team will make its debut in 2016 after agreeing a technical deal to receive support and power units from Ferrari. However, Haas is under no illusion as to the challenges his team will face against F1's established teams. "I think in the first five years it's just surviving," he told CNN. "I don't have any expectations of grandeur that we are going to go out there and win championships. If we could even win one race in five years, I think that would be a tremendous success. "Just the association of being with Formula One basically takes our brand from nobody to being in the stratosphere. Sooner or later we'll march up. I'm not expecting to beat anybody, just maybe beat the guys at the back." Of the three new teams that joined F1 in 2010 only Marussia has scored championship points, with HRT folding at the end of 2012 and Caterham's future now looking increasingly bleak. Haas said he has learned from the mistakes of those teams and is confident his team is taking a more structured approach. "I think the biggest problem they had is that in trying to get to the grid so fast they wound up having to take on partnerships that maybe weren't thoroughly thought out and wound up making a lot of mistakes. "Inevitably they didn't have the resources or the cars weren't properly put together because they'd rushed things." Asked why he chose to partner with Ferrari, Haas added: "Ferrari was just more accommodating. Surprisingly, Ferrari wanted to go beyond being just an engine supplier and they were going to actually help us with a lot of the basic structures of the car. "We would be very proud to be a Ferrari 'B-team' because that would certainly teach us how to run in Formula One. We quite frankly will take all the help they can give us, because you can't get any better than Ferrari." Read more here.
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