Payment Structure

I think his biggest downfall is going to be Talent. Unless he finds a Ricciardo for cheap.

I would drive it but, ya know, i'm busy with other things....

 

Formula 1: Where does all the money go?


BBC Sport - Formula 1: Where does all the money go?


"Fangio's state funding
Argentine Juan Manuel Fangio was a five-time world champion in the 1950s, but he would probably never have made it to Europe without the backing of Juan Peron's government."





This ground has already been covered, but I found it interesting to read that, just like Maldonado, Fangio himself started as a pay driver with state funding!

 

Unfamiliarity with single seater racing and most tracks, will be handicaps.

The search for a strong technical team and an experienced driver will be the keeys to success.

We also don't know how long the association with Ferrari will last.

 

Yup on both counts.

They stand well equipped but its a very high mountain.

I'd be more optimistic if anyone had made a go in F1 staring from scratch in the modern era, but ya never know.

 

Well, you had HTP, Manor-Virgin-Marussia and "Team Lotus" aka Caterham.

I think before that we had Jordan.

I hope Haas has a better fortune than those.

 

Who has the bigger fortune?
Haas or Red Bull?

RB is the only "new" team to have survived in the modern era.

 

But you know full well that Red Bull is only the rebadged Jaguar team, born Stewart.

On top of my head, I would say that Mateschitz is wealthier than Gene Hass.

These soft drink companies are like license to print money, and they are deeply in aggressive marketing and sponsorship to advertise their brands.

Red Bull is involved in many sports: F1, GP2, motoGP1, MotoGP2, motoGP3, sailing, air racing, ballooning, off-shore racing, skying, bobsleigh, rallying, you name it, they are in.

I doubt if Haas has that clout ...

 

Jaguar and Stewart were both less than successful. RB reinvented the team but did have more to work with than Haas will.

I wish them well and look forward to seeing how they do.

 

I don't know what is wiser; buying an existing team and remodeling it or starting from scratch.

Before, you could have said that any F1 team needed a base in Europe to operate from, but nowadays, with so many races in the Far and Middle East, the centre of gravity has moved.

 

If I remember rightly, Bobby Rahal was team principal at Jaguar, and Niki Lauda the chairman ...

 

You're a hoot.
Red Bull pretty much bombed in NASCAR.
We get it, you think HAAS will suck. We have a year and a half before we find out.

 

I don't know NASCAR enough to judge, but I presume that Red Bull was just a team sponsor here, and not the operator. Red Bull must have backed the wrong team.

Don't be so defensive, I don't think Haas will suck at all; it's a professional outfit that has experience of racing in a competitive environment.
But there is a mountain to climb there - starting a F1 team from scratch in the present circumstances, and far from the "F1 silicon valley" (UK), where expertise is.
The fact is that the financial climate in F1 is stacked against newcomers, and it's a big undertaking to join now, when obviously the funding is absolutely crucial to survive, let alone progress. The costs have never been so high.

 

I think haas will be kind of like toro rosso to red bull. Same company, not quite as good.

 

Guys, you forget on very important factor for any team to generate more income besides FIA. That is sponsors. We all don't know at this point how many sponsors HAAS has lined up for his team. I'm sure that he has a lot of business connections that will support him to raise money. That will help him a lot.

 

Based on My dealings with Ferrari - You've heard wrong then!

 

Haas Automation Partners with Scuderia Ferrari | Haas

Maybe not all but they do have some relations.

 

interesting....
Inside The $3 Billion Business Of Formula One - Forbes

 

Macca turns a profit?

Not lately I suspect.

 

"The owners are making a lot of money"

Meanwhile some teams are going bankrupt.

Crazy.