News Details

Haas paid $20m deposit for F1 team entry

Gene Haas proved his seriousness about entering formula one by paying a $20 million deposit. That is the claim of F1 business journalist Christian Sylt, who told us the "more than $20m" deposit was paid at F1 chief executive Bernie Ecclestone's request. Ecclestone told Forbes at Silverstone that he said to FIA president Jean Todt: "'You must see how honest they (Haas) are. Tell Haas to put a deposit down' and apparently they have." US-based Haas, a Nascar team co-owner who for the F1 project is already aligned with Ferrari, intends to make its debut in 2016, probably with at least one American at the wheel. The identity of that American could be Californian Alexander...
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Haas paid ‘$20m deposit’ for F1 team entry

Haas paid ‘$20m deposit' for F1 team entryPosted On 17 Jul 2014By :...
11y ago from ThisIsF1.com

Haas turned down US F1 investment opportunity

Sutton Images Enlarge Gene Haas says his entry into Formula One...
11y ago from espnF1.com

F1 boss says Gribkowsky payment an ‘insurance...

F1 boss says Gribkowsky payment an ‘insurance policy'Posted On 15...
11y ago from ThisIsF1.com

Ecclestone: I was a sarcastic when I asked would 50...

Bernie Ecclestone in court Formula 1  boss Bernie Ecclestone told a...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Pato O'Ward issues damning verdict on ‘Mario...

Pato O'Ward isn't chasing F1 any more after falling out of love with...

IndyCar names officiating director ahead of Indy 500

IndyCar Officiating has announced Scot Elkins as the new Managing...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal make contact with Real Madrid star's...

Arsenal are reportedly plotting a stunning move to sign Arda Guler from...
4h ago from SportsKeeda.com

Real Madrid plot ambitious move for 110m-rated...

Gabriel Magalhaes has been one of the best defenders in the Premier League...
9h ago from CaughtOffside.com

'Might have to wait his turn' - Pundit asks Mikel...

Former Arsenal star Perry Groves has urged Mikel Arteta to keep Viktor...
9h ago from SportsKeeda.com

Arsenal & Chelsea handed chance to sign serial...

Bernardo Silva has been linked with a move away from Manchester City at...
11h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.