Can the New Gene Haas Racing Team Succeed in Formula 1?

By
at Internationaled.org

Published: April 12, 2014

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After months of speculation, the FIA announced on Friday that it had accepted the bid of NASCAR team owner Gene Haas to form a new Formula One team.

Now that the new American entry is confirmed, the next questions that must be asked are: Can the team succeed in F1 and how quickly?

In 2010, three new teams were added to the F1 grid: HRT, Lotus (now Caterham) and Virgin (now Marussia). HRT was out of business after three seasons, while the other teams have struggled to make up the gap to the more established outfits.

Now in their fifth seasons, none of the new teams have ever scored a point.

Similar performances are unlikely to satisfy Haas, whose NASCAR team won the 2011 championship with co-owner Tony Stewart at the wheel.

However, the new team, provisionally named Haas Racing Developments, according to Autosport, does have some advantages that the new entries from 2010 have not enjoyed.



First, Haas already has a proven racing pedigree. Yes, it is in NASCAR—not exactly comparable to F1—but that is still more than businessmen Richard Branson (Virgin) and Tony Fernandes (Lotus) could offer.

Virgin entered the sport bragging about having the smallest budget in F1 and the team's first two cars were designed using only computational fluid dynamics, rather than more expensive wind tunnel testing. This approach was abandoned after two seasons, but the team's budget remains small. 

The Haas team, in contrast, will have access to Windshear, a state-of-the-art wind tunnel owned by Haas. Located in North Carolina, it has been used by other F1 teams in the past.

On the financial front, as the only American team in the sport, Haas should have a foot in the door with potential U.S.-based investors. He is also looking to use the team as a global billboard for his already-successful machine tool-buildi...
Article Source: Bleacher Report - Formula 1

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