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Haas hits cost cap: Gene Haas no longer needs to bankroll team
© XPB Phillip van Osten
21/01/2025 at 15:1621/01/2025 at 15:17 In a significant development for Haas, team principal Ayao Komatsu has confirmed that the outfit’s eponymous owner Gene Haas will not need to inject personal funds into the team for the first time in its history. The landmark moment comes on the heels of a strong 2024 season, where Haas finished seventh in the constructors’ championship, and marks a major step towards long-term financial sustainability. The team, which joined the Formula 1 grid in 2016, has consistently operated as one of the smaller teams, often relying on Gene Haas’s personal support. However, with the introduction of the budget cap and...
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