Haas: New F1 title sponsor will allow team to reach budget cap

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Haas: New F1 title sponsor will allow team to reach budget cap
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Haas boss Steiner says the team's new title sponsor will allow the American squad to operate at the level of F1's cost cap from 2023.

The multi-year agreement comes as a significant boost to Haas, which

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."Obviously the big teams, they can spend outside of the budget cap more.

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