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
Exclusive: Honda signs Fabio Quartararo for 2027...
No description available...
1d ago from Motorsport.com
Exclusive: Jorge Martin finalising two-year Yamaha...
No description available...
19h ago from Motorsport.com
MotoGP Sepang shakedown test: Schedule, riders and how...
No description available...
1d ago from Motorsport.com
Aprilia confirms Jorge Martin will miss Sepang MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Cindric returns to Team Penske for 2026 as...
No description available...
10h ago from Motorsport.com
Tim Cindric returns to Penske in race strategist role
Team Penske has announced the strategist line-up for its 2026 IndyCar...
10h ago from MotorsportWeek.c...
D.C. race "would be massive opportunity for...
No description available...
1d ago from Motorsport.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
16h ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1d ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
2d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
BBC reports huge boost for Arsenal as wonderkid deal...
Max Dowman has signed a scholarship contract with Arsenal in a huge boost...
47m ago from CaughtOffside.com
The late show …
Morning all. Football is scrambling my brain. I dreamed last night that I...
37m ago from Arseblog.com
Leeds United vs Arsenal Prediction and Betting Tips |...
Leeds United and Arsenal will battle for three points in a Premier League...
2h ago from SportsKeeda.com
'We'd have won that game if he was playing' - Ian...
Arsenal legend Ian Wright has made a bold claim about Manchester United's...
11h ago from SportsKeeda.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 5
The fourth day of on-track action for F1 in 2026... Read More »
46m ago from RacingNews365.com
Aston rolls out radical Newey car, Mercedes ‘shocks'
Jan.30 Aston Martin finally joined Formula 1's... Read More »
2h ago from OneStopStrategy.com
Radical Aston Martin breaks cover as revolutionary design...
RacingNews365 technical analyst Paolo Filisetti... Read More »
13h ago from RacingNews365.com
