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 »
5y 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,...
5y 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...
5y 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...
5y 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...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez pinpoints key weakness after Jerez MotoGP...
No description available...
16h ago from Motorsport.com
Uccio Salucci: 'VR46 is the top Ducati team right now'
No description available...
19h ago from Motorsport.com
Pramac MotoGP boss: 'Why do people think Yamaha isn't...
No description available...
21h ago from Motorsport.com
MotoGP Jerez test: Aprilia 1-2-3 as new aero packages...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rookies take on Indianapolis in open test, Newgarden...
No description available...
10h ago from Motorsport.com
All drivers clear Indy 500 Rookie Orientation...
IndyCar’s two-day test session for the Indianapolis 500 got underway...
11h ago from MotorsportWeek.c...
Arrow McLaren has "no fear" in running all...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
2d ago from Motorsport.com
Thierry Neuville: “Nobody knows” answer to...
No description available...
1d ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
2d ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
It's all about Atletico …
Morning all. After an epic Champions League semi-final last night, it's...
18m ago from Arseblog.com
Erling Haaland appears to aim subtle dig at Arsenal...
Manchester City striker Erling Haaland has sparked a social media frenzy...
8h ago from CaughtOffside.com
PSG 5-4 Bayern was the game of the season, but Arsenal...
PSG's 5-4 win over Bayern Munich on Tuesday night was undoubtedly one of...
8h ago from CaughtOffside.com
Arsenal readying £35m bid for attacking wonderkid...
Arsenal are reportedly interested in signing the Porto striker Oskar...
12h ago from CaughtOffside.com
Comments
Hottest News
George Russell declares true Kimi Antonelli stance as F1...
It could get intense between George Russell and... Read More »
48m ago from RacingNews365.com
Can you name every location to have hosted a US F1 race?
As the 2026 season prepares to resume with the... Read More »
58m ago from BBC.co.uk
F1 News Today: Horner given green light to return, Wolff...
Christian Horner's return to the F1 paddock could... Read More »
38m ago from GPFans.com
