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BREAKING NEWS: It's official, FIA grants US based team F1 license

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Old 04-11-2014 | 04:28 PM
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Default BREAKING NEWS: It's official, FIA grants US based team F1 license

Gene Haas has confirmed that is company has been awarded a Formula 1 license by the FIA that will allow him to set up the first US racing team since Penske Racing competed in the world championship in the 1970s and Haas-Lola in the mid-1980s, the latter founded by Teddy Mayer and Carl Haas (no relation.)

“Obviously, we're extremely pleased to have been granted a Formula 1 license by the FIA," said Haas in a press statement released on Friday, "It's an exciting time for me, Haas Automation and anyone who wanted to see an American team return to Formula 1."

“Now, the really hard work begins," he continued. "It's a challenge we embrace as we work to put cars on the grid.

“I want to thank the FIA for this opportunity and the diligence everyone put forth to see our license application come to fruition," he added. A full press conference to discussed the successful bid is expected to take place on Monday, April 14 in Charlotte, North Carolina.

Founded in 1983 and based in Oxnard, California, Haas Automation is the largest CNC machine tool builder in the western world. Haas is also co-owner of the Stewart-Haas Racing team in the NASCAR Sprint Cup Series, which won the 2011 championship with Tony Stewart.

Haas made the headlines last year when Stewart - his co-owner in the team - was sidelined in hospital with injury. With Stewart incommunicado, Haas took the unilateral move to sign the controversial Kurt Busch to the team, which meant expanding it to a four-car line up that also includes former IndyCar star Danica Patrick.

Haas has been pursuing a place on the F1 grid since the FIA opened up a tender for new teams. Initially it appeared that Haas had little hope of being successful with his application and F! business supremo Bernie Ecclestone attempted to steer Haas into investing in an existing F1 team needing an injection of funds, but Haas remained committed to his vision of a new US-centric team instead.

Ecclestone subsequently seemed won over by Haas' business case, and last Sunday in Bahrain he had indicated that he now expected the bid to be successful and signed off by the FIA in the near future. It's not clear how quickly Haas will now be able to undertake the necessary preparations to set up the race team, with 2015 possibly too early for the new squad to make its debut on the grid where it would become the sport's 12th team.

A multi-billionaire from his businesses, Haas also founded Windshear, a 180-mph rolling-road wind tunnel in Concord, North Carolina which is the first of its kind in North America. It is only the third rolling-road wind tunnel of its scale in existence and the world's first commercially available, full-scale, rolling-road wind tunnel.
Old 04-11-2014 | 04:53 PM
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If anyone can do it - Haas can.
Old 04-11-2014 | 05:10 PM
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Very interested in who he'll sign as drivers.

No Danica jokes, please...
Old 04-11-2014 | 05:28 PM
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I like it Bernie and the F1 Community poo pooed his application. Gives Gene something to be pissed about.
Old 04-11-2014 | 05:57 PM
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how about connor daly?
Old 04-11-2014 | 06:11 PM
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Originally Posted by Sean F
how about connor daly?
Yes, great candidate.
Old 04-11-2014 | 06:21 PM
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If he wants to win he won't hire Danika, and that's no joke.
Old 04-11-2014 | 06:44 PM
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Originally Posted by Sean F
how about connor daly?
I'm thinking Alexander Rossi.
Old 04-11-2014 | 06:55 PM
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Danika, Danika !!! Not. What about Peter Windsor's aborted effort? Anything to buy their?

Is Haas that deep $$ wise?
Old 04-11-2014 | 10:08 PM
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This might give me a reason to get into watching F1
Old 04-11-2014 | 10:27 PM
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average team spends 480 million a year in F1.......

wholey crap
Old 04-11-2014 | 10:29 PM
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Originally Posted by Pete
I'm thinking Alexander Rossi.
That would be grand. Isn't he testing for Caterham or one of the other minnows?
Old 04-11-2014 | 10:51 PM
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They will sign whoever brings 10-20mil. I don't see any of those kids bringing 10-20 mil.
Old 04-11-2014 | 11:05 PM
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Daly and Rossi might bring more money to a US based team. There might be more sponsorship and interest from US companies. One has to make the case that it will lead to larger viewership in the US, but I doubt that it will.

Maldonado and Petrov would be a humorous and ironic pairing. I bet Vitaly would love to come back.
Old 04-11-2014 | 11:10 PM
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Maldozer is a disaster.. No matter how much he brings.


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