Haas: No plans to change F1 team model despite nearing budget cap

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Haas: No plans to change F1 team model despite nearing budget cap
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Despite nearing the F1 budget cap with its new title sponsor, HaasF1Team says it has no plans to change its team model in 2023. Full story ⬇️

Haas will unveil its new 2023 livery via digital renders later today, and Steiner made clear at the end of last season that its focus had to be on car development, not changing the team’s overall approach.“At the moment, whatever we have got, we invest in the car. There is nothing that you want to do outside at the moment. The system we have got, we just want to stabilise it and just make sure that we use everything to make the car go quick, nothing else.

“At the moment, we stick with the model, get the best out of it. If we can find savings or better investments within the budget cap by doing parts ourselves, then we do that afterwards. But not straightaway.” The arrival of MoneyGram provides greater stability to Haas after a turbulent period that has seen it go through two short-lived title partners in the last four years.

Its deal with Rich Energy failed to last a full season in 2019, while a partnership with Uralkali was terminated after just one year in the wake of Russia’s invasion of Ukraine last February.

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