Apr 14, 2014, 1:33 PM EDT
Over the last year, we’ve learned that Gene Haas is not afraid to take big risks.
The NASCAR team co-owner proved as much this past off-season when he almost single-handedly brought in Kurt Busch and triggered the expansion of his Stewart-Haas Racing operation (in which he shares ownership with three-time Sprint Cup champion Tony Stewart) to a four-car program.
It was a major gamble that would ensure plenty of attention from NASCAR Nation – which, in turn, ensured that if the gamble backfired, it would be a memorable disaster.
As NASCAR goes into the Easter break, SHR has claimed three checkered flags in the season’s first eight races, including Kevin Harvick‘s second win of the season last weekend at Darlington and Busch’s triumph a few weeks ago at Martinsville.
That leap of faith from Haas has paid off. But now, Haas, a businessman who has become a billionaire off manufacturing machine tools, is preparing for his toughest venture yet in motorsports.
Last week, he received word that he would indeed become a Formula One franchise owner. This morning, he dubbed the new franchise as Haas Formula and revealed that it would be based in Kannapolis, North Carolina – the town most famous for spawning one of America’s greatest racing families, the Earnhardts.
Once again, the eyes of the racing world will be on him, and he acknowledged that at least some of the attention is based off of a chance to see his team fail.
But like always, he was confident that he would succeed – not only in performance on the track, but also in giving F1 the bigger presence in America that it craves.
“I’m sure most people are betting that we will fail,” said Haas, who was flanked at today’s press conference by his new team principal, Guenther Steiner, a former technical director at Red Bull and Jaguar.
“And that’s why it’s going to be successful, because if we don’t fail, then we’ve done something that other people haven’t. And that will definitely help sell Formula One in the U.S.”
Haas indicated that the team still must elect whether they’ll be ready to go for the 2015 season or if they’ll wait for 2016. That decision, according to him, should be made within the next month.
“I think 2015 is too close and 2016 is too far, so that’s kind of where I see it,” he said. “If we wake up in 2016 we’re just going to start delaying and strategizing and we’re going to end up spending even more money because we’ll just basically be in a neutral position until maybe the middle of next year.”
With that in mind, he intends to initially utilize a car that’s at least partially based on the technology of the team’s partners – whoever those will eventually be.
One of those partners may well be Italy-based chassis manufacturer Dallara, which most recently worked with the now-defunct HRT team on its 2010 challenger.
Haas noted that he’s held preliminary talks with Dallara but that the ultimate goal was for his team to become a legitimate constructor.
“…As time goes on, we’ll learn,” Haas said. “We’ll figure it out, and the car will eventually evolve into our own car – and quite frankly, I think we can beat the Europeans at their own game.”
As for the engine side of things, Haas plans to forge a deal similar to a pact for his NASCAR effort that allows them to use Hendrick Motorsports powerplants.
“To sit there and say that we can understand what’s going on with these cars in a year or two is not reasonable,” he admitted. “It’s going to take us a while to learn and we’re going to lean heavily on a technical partner to help us.”
Just making it to the F1 paddock would put Haas Formula on a higher level than the last attempt at an American-based Grand Prix team.
In 2009, USF1 was granted entry into the series for 2010 and planned to have bases in both Charlotte, North Carolina and in Spain. But the project ultimately collapsed, and today, Haas said that while he respected those involved for trying, he felt that the project’s failure “cast a long shadow.”
Nonetheless, he feels that with his many resources, he can excel where USF1 failed.
“USF1 was basically a start-up that basically had no resources what so ever,” he said. “They didn’t have a racing team. They took on a huge challenge, and I admire the fact they took that challenge.
“But on the other hand, I’m partners with Tony Stewart in a very successful NASCAR racing team. I have a machine tool company that has the capability of building the most sophisticated machines in the world…I have a rolling road wind tunnel, Windshear, a 180 mile per hour wind tunnel.
“I have a lot of the resources and basic infrastructure that I think is necessary in order to succeed in this.”
Jun 30, 2015, 6:01 PM EDT
Feature on Manpower to Horsepower to air during Red Bull GRC show this Sunday on NBC.
Jun 30, 2015, 1:47 PM EDT
A selection of images from the 2015 Goodwood Festival of Speed.
Jun 30, 2015, 12:00 PM EDT
SH Rallycross’ HAUS livery for Red Bull GRC this weekend screams red, white and blue.
Jun 30, 2015, 10:52 AM EDT
Given how well they’ve run this year, it was really only a matter of time until Graham Rahal and Rahal Letterman Lanigan Racing won a race.
Jun 30, 2015, 10:30 AM EDT
Luca Filippi and Matthew Brabham set for oval tests this Wednesday at Iowa Speedway.
Jun 30, 2015, 9:45 AM EDT
This weekend’s miserable conditions at Watkins Glen offered a lot of young drivers a chance to shine.
Jun 29, 2015, 9:29 PM EDT
The 2015 season is the first time Roger Penske has captained four teams on the IndyCar circuit. And it appears it will be full steam ahead with four teams going forward.
Jun 29, 2015, 8:53 PM EDT
Comedian and former late-night talk show host Jay Leno has spent his career making millions laugh. But recently, the joke was on Leno, so to speak – but in a good way.
Jun 29, 2015, 8:24 PM EDT
If you’re a big fan of the Indianapolis 500 and Indianapolis Motor Speedway, put this on your bucket list for next year.
Jun 29, 2015, 7:18 PM EDT
With five races coming up in the next six weeks, Top Fuel driver Antron Brown knows how crucial this stretch of the NHRA Mello Yello Drag Racing season will be.
Jun 29, 2015, 5:47 PM EDT
Finishing 13th in her Dale Coyne Racing Honda, Pippa Mann enjoyed the best showing of her IndyCar career in Saturday’s MAVTV 500 at Auto Club Speedway.
Jun 29, 2015, 3:37 PM EDT
Jack Hawksworth enjoyed one of his better runs of 2015 in Saturday’s MAVTV 500 at Auto Club Speedway.
Jun 29, 2015, 2:20 PM EDT
Although it’s been two days since the MAV TV 500, a number of IndyCar drivers are not going to soon forget one of the wildest races the series has seen in a long time.
Jun 28, 2015, 6:00 PM EDT
Brazilian driver ends the Formula E season with his best finish of fourth.
Jun 28, 2015, 5:33 PM EDT
Westbrook and Valiante take their second win of the year at Watkins Glen.
Jun 28, 2015, 4:30 PM EDT
The IndyCar driver finished 11th and 12th in two races at the London ePrix this weekend.
Jun 28, 2015, 3:10 PM EDT
Graham Rahal back on Twitter on Sunday after win on Saturday.
Jun 28, 2015, 3:00 PM EDT
Brazilian driver remains upbeat despite losing out on the title to bitter rival Nelson Piquet Jr.
Jun 28, 2015, 2:00 PM EDT
Brazilian driver talks about his rise from the midfield to the title across the course of the inaugural Formula E season.
Jun 28, 2015, 1:36 PM EDT
Watch a replay of yesterday’s crazy MAVTV 500 from Auto Club Speedway in Fontana either online via NBC Sports Live Extra, or on NBCSN tonight.
- Graham Rahal’s Fontana win was long overdue, and a long time coming 0
- Report: Roger Penske intends to keep his ‘four aces’ in IndyCar 0
- Mario Andretti gets Jay Leno up to speed — and then some 1
- NHRA: Antron Brown looks to make Top Fuel fireworks this weekend 1
- MAVTV 500: Despite being nerve-racking to crazy, drivers glad safety won out 2
- WATCH: IndyCar’s frantic, thrilling MAVTV 500 to re-air at midnight ET on NBCSN 6
- Nelson Piquet Jr crowned first ever FIA Formula E champion in thrilling London finale 1