Sep.7 (GMM) Team owner Gene Haas seems determined to avoid the ‘pay driver’ trend in F1.
For the American team’s first season last year, Haas took on Esteban Gutierrez, who came with the backing of team supplier Ferrari as well as his Mexican sponsors.
But the Mexican underperformed, and for 2017 Haas replaced him with Kevin Magnussen.
Now, even though Ferrari is actively looking for seats for its juniors Antonio Giovinazzi and Charles Leclerc, Haas has confirmed it is keeping Magnussen alongside Romain Grosjean for 2018.
Asked if he rules out ever taking on a ‘pay driver’ again, Gene Haas said: “No, I don’t think we rule it out.
“But for a business model it doesn’t really make a lot of sense.
“It’s no secret that it costs $60m to put a car on the track for the season, and if someone – not just Ferrari – gives you a driver and they’re going to pay you $5 or $6 million, there’s a $55m deficit there.
“I think our point of view has always been that we need to score points and that’s how we make money moving forward. So that’s our business model,” Haas added.
“I think Ferrari respects that. Based on that, if there’s some mutual agreement we could come to, we probably would be more open to it,” he said.
19/07/2017 Haas has ‘control’ of driver decision – Steiner Jul.19 (GMM) Haas boss Gunther Steiner said he remains in control of the American team's driver decision for 2018.
Currently, Romain Grosjean and Kevin Magnussen drive for the […]
26/07/2017 Haas move a blow for Ferrari influence – Minardi Jul.26 (GMM) Former F1 chief Gian Carlo Minardi thinks Ferrari may be struggling to wield its influence among customer teams.
Although the American outfit Haas is unofficially referred […]
05/06/2017 Magnussen sitting out sessions due to contract Jun.5 (GMM) Contractual details explain why Kevin Magnussen will sit out so many Friday practice sessions in the second half of 2017.
With Ferrari reserve Antonio Giovinazzi set for […]
01/02/2016 Haas to share reserve driver with Ferrari Feb.1 (GMM) Haas, the new American F1 team, has no plans to appoint a full-time reserve driver. With a Frenchman (Romain Grosjean) and Mexican (Esteban Gutierrez) set to race for the […]
31/10/2015 Haas finally confirms Gutierrez Oct.31 (GMM) Haas has finally confirmed the worst-kept secret in the F1 paddock. It was already widely known, but Mexican Esteban Gutierrez is now definitely joining Romain Grosjean at […]
08/03/2017 ‘Intense’ midfield battle in 2017 – Haas Mar.8 (GMM) Gene Haas thinks the F1 midfield will be a closely fought competition in 2017.
The American team owner lends his surname to the small, Ferrari-linked F1 outfit, which for […]
30/09/2016 Haas waiting for driver ‘silly season’ Sep.30 (GMM) Romain Grosjean says he feels so good about his future in F1 that he bought a house last week.
It is expected the Frenchman will stay at Haas, but the news is yet to be […]
15/10/2015 Haas hints Grosjean teammate to be Gutierrez Oct.15 (GMM) Gunther Steiner has given the strongest hint yet that Haas will complete its first F1 driver lineup with Esteban Gutierrez. The new American team has already signed up […]
15/02/2017 Gutierrez eyes F1 reserve role for 2017 Feb.15 (GMM) Esteban Gutierrez admits a personal mistake meant he had to look outside of F1 for 2017 to continue his racing career.
After a year out to be Ferrari's reserve driver, the […]
24/10/2016 Haas ‘expected more’ from Gutierrez – boss Oct.24 (GMM) Haas boss Gunther Steiner has admitted a question mark is hanging over Esteban Gutierrez's future.
While the Mexican is backed significantly by Carlos Slim and has the […]