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.”
Aug 28, 2015, 8:00 AM EDT
Montoya, Rahal the two likely contenders to claim Power’s crown, as IndyCar looks for solace and a great race to end the season and ease the pain after the loss of Justin Wilson.
Aug 28, 2015, 7:44 AM EDT
First blood to Audi as its battle with Porsche is rekindled on home soil.
Aug 27, 2015, 6:14 PM EDT
Oriol Servia will race in what was Justin Wilson’s car this weekend at Sonoma.
Aug 27, 2015, 4:21 PM EDT
IndyCars cross the Golden Gate Bridge in a motorcade, for pre-title buildup and to pay tribute to Justin Wilson.
Aug 27, 2015, 4:00 PM EDT
Aleshin returns to IndyCar this weekend after a year away.
Aug 27, 2015, 3:14 PM EDT
All cars to carry special tribute logos, decals for Justin Wilson this weekend, with Wilson’s old team also paying tribute.
Aug 27, 2015, 2:30 PM EDT
Rahal out to claim his third win of the season at Sonoma, believing it will be the only way to beat Juan Pablo Montoya to the 2015 Verizon IndyCar Series title.
Aug 27, 2015, 1:00 PM EDT
Max Chilton has two years of F1 experience under his belt, but believes Ferrari will have a big say in who Haas hires for 2016.
Aug 27, 2015, 11:30 AM EDT
Vettel defends Ferrari’s decision to try a one-stop strategy at Spa after suffering a tire failure on the penultimate lap of the race.
Aug 27, 2015, 10:47 AM EDT
Fast facts heading into this weekend’s season finale, the GoPro Grand Prix of Sonoma, courtesy of IndyCar PR staff.
Aug 27, 2015, 10:00 AM EDT
Victory at Spa gives Rossi momentum heading into the final four rounds of the 2015 season, and potentially in the race for a seat with Haas F1 Team next season.
Aug 27, 2015, 8:36 AM EDT
Off the back of winning Le Mans, Porsche confirms it will stay in the FIA World Endurance Championship for at least another three years.
Aug 26, 2015, 8:08 PM EDT
Just in time for the biggest race in drag racing, next weekend’s (Sept. 2-7) NHRA U.S. Nationals, Erica Enders is back where she wants to be: leading the NHRA Pro Stock point standings.
Aug 26, 2015, 6:06 PM EDT
Double the amount of base points, in addition to bonus points, could have a major impact on who emerges as the 2015 IndyCar Series champion Sunday at Sonoma Raceway.
Aug 26, 2015, 3:52 PM EDT
This past Sunday’s ABC Supply 500 Verizon IndyCar Series race at Pocono Raceway proved to be a very costly proposition for numerous teams.
Aug 26, 2015, 2:30 PM EDT
INDYCAR announced on Wednesday several infractions and manufacturer championship points updates following this past Sunday’s ABC Supply 500 at Pocono Raceway.
IndyCar flashback: Justin Wilson finishes second, Will Power/Scott Dixon controversy at Sonoma 2013 (video)
Aug 26, 2015, 2:00 PM EDT
There will likely be heavy hearts, tears and a great deal of emotion at this weekend’s season-ending Go-Pro Grand Prix of Sonoma, as the mourning for driver Justin Wilson continues.
Six remaining IndyCar championship contenders to be busy in the days leading up to big race at Sonoma
Aug 26, 2015, 1:27 PM EDT
The six remaining Verizon IndyCar Series contenders will be pretty busy over the next few days prior to Sunday’s championship-deciding Go-Pro Grand Prix of Sonoma.
Aug 25, 2015, 5:57 PM EDT
Allmendinger, Castroneves, Diffey and more reflect on the life lived by Justin Wilson.
Aug 25, 2015, 3:59 PM EDT
Tribute to Justin Wilson set to air on Tuesday night’s NASCAR AMERICA on NBCSN.
- Preview: IndyCar will race to honor Wilson, and to close its season, at Sonoma 0
- Andretti to field No. 25 car at Sonoma; Oriol Servia to drive Wilson tribute car 3
- IndyCars cross the Golden Gate Bridge; pay tribute to Justin Wilson (PHOTOS, VIDEO) 4
- Fast Facts: GoPro Grand Prix of Sonoma 4
- NHRA: Pro Stock driver Erica Enders hitting on all cylinders heading into U.S. Nationals 3
- IndyCar flashback: Justin Wilson finishes second, Will Power/Scott Dixon controversy at Sonoma 2013 (video) 3
- Report: FIA to conduct closed cockpit tests next month 13