American-Owned Formula One Team To Generate 250 Jobs In U.K.

American businessman and NASCAR team co-Owner Gene Haas has revealed that "he is planning to create around 250 jobs in the UK by locating his new Formula One team in the country," according to Christian Sylt for the London TELEGRAPH. Haas "is launching an F1 team as a marketing vehicle for Haas Automation." Haas: “I think initially we are going to be hiring around 200, maybe a little bit more than that at 250.” He added that "he was planning to locate the team" in the U.K. because eight of the 11 outfits are there, in a cluster in central England known as Motorsport Valley. It will "also have a factory in North Carolina," alongside the championship-winning Stewart-Haas team, which is co-owned by Haas and races in America’s NASCAR series. Haas: “We really are going to be an American team. We are going to be different. There is no doubt about it in my mind because this is how we do things" (TELEGRAPH, 6/19).