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SBD/April 15, 2014/Leagues and Governing Bodies
Gene Haas Says New F1 Team Could Serve As Launching Pad For Company Sales
Published April 15, 2014
COMING TO AMERICA: In N.Y., Viv Bernstein notes no U.S.-based team "has competed" in F1 since '76. The last U.S. team in F1 was "owned by Carl Haas, who is no relation to Gene Haas, and Teddy Mayer and was based in Britain in the 1980s." The most "recent attempt to form a race team" in the U.S. -- Charlotte-based U.S. F1 -- "never made it to the grid before running out of money" in '10. Gene Haas said, “For whatever reasons, they failed at it. I think it just lends to the story line that Formula One is extremely expensive to do and Americans can’t do it, and I’m here to prove that we can do it with a budget, and we can be efficient at it, and we can win at it. I wouldn’t be doing it if I thought I was going to fail” (N.Y. TIMES, 4/15).