🗣️'With this deal, I think we make that step that in a few years, we can fight for podiums.' Haas will be able to operate at the level of the F1 budget cap from 2023 thanks to its new title sponsor, according to Gunther Steiner ⬇️
it had struck a deal with American payment company MoneyGramThe multi-year agreement comes as a significant boost to Haas, which terminated its agreement with former title sponsor Uralkali back in February following Russia’s invasion of Ukraine.
Haas has traditionally been one of the smallest F1 teams since joining the grid in 2016, running below the current budget cap of $140 million per season. “With this deal, we can go to the budget cap, and then everybody is on a similar platform,” said Steiner.“I always say with the budget cap, in the mid- to long-term, there shouldn’t be this problem any more that you cannot fight for podiums. And that is what we want to do.
A Haas F1 team press conference is held with Alex Holmes, CEO of MoneyGram, Guenther Steiner, Team Principal, Haas F1Haas failed to score any points through a difficult 2021 season that saw it focus all its development on the incoming regulations.
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