The Haas F1 Team boss Guenther Steiner has indicated that owner Gene Haas is considering ending the team's presence in Formula One, according to Autoweek.
In the four seasons that the American team has challenged the Formula One series the team hasn’t managed to reach the podium. Their best end of season finish came last year when they managed fifth place before this year’s disappointing ninth place finish.
3 From NASCAR to F1
Gene Haas is the co-owner of the Stewart-Haas NASCAR team along with championship driver Tony Stewart. The team formed after Haas’ Haas Automation had sponsored the Hendricks Motorsports team, deciding go his own way in 2002. In exchange for 50% of the team, Tony Stewart joined in 2009.
While the two teams are separate, they are both headquartered in the NASCAR capital of North Carolina. The Haas F1 Team also has a facility in Banbury in Oxfordshire for the purposes of turning cars around during the European part of the season. They’re the first American team to challenge F1 since the 1980s.
2 Controversial Partnerships
The Haas chassis are made by Dallara while the engine supplier is Ferrari. At the time the team formed many of the other teams were concerned about the close partnership between the privateer Haas team and juggernaut Ferrari, especially when the 2018 Haas car showed a strong resemblance to the Ferrari team car. McLaren and Renault have both suggested that Haas running a ‘B’ Ferrari team gives too much leverage to the Maranello racing giant.
1 2021 In Question
Despite that partnership, the NASCAR giant has yet to convert that advantage on the track. With the team’s contracts expiring in 2020, no one has signed any for the coming season or beyond. Steiner has his understanding of his team owner’s position, saying "It's a serious decision for him and I understand that he needs time to weigh everything up properly."