Haas To Be Confirmed As New Formula One Team On Friday Says Ecclestone - Forbes
Formula One boss Bernie Ecclestone has revealed that official confirmation will be given on Friday that a new team owned by American businessman Gene Haas will be allowed to join the race series next year.
Mr Haas is joint owner of NASCAR’s championship-winning Stewart-Haas Racing team and also founded engineering firm Haas Automation which has annual revenue of around $1 billion. It gives him the resources to fuel his F1 bid and he is already using it to attract top names as Guenther Steiner, a former technical director of four-time F1 champions Red Bull Racing, is understood to be involved.