SO STEINER IS SUEING GENE HAAS! | FerrariChat

SO STEINER IS SUEING GENE HAAS!

Discussion in 'F1' started by johnireland, Aug 20, 2023.

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  1. johnireland

    johnireland F1 Veteran
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    Mar 19, 2017
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    John A Ireland
    Steiner's claim is that he is half owner in the team based on his original agreement with Haas. With the team worth between 900 million and up, that means Steiner, if he wins, has 450+ million dollars say if there is a sale. That means that Andretti could buy out Gene Haas for 500 million and become Steiner's new partner/boss. Or Andretti could buy out Steiner, and become Haas' new team principal, and run the team. At least Steiner would walk away with a nice payday (and maybe even get a new job as team principal at Alpine or Ferrari?). Best of all, it could even happen this season.
     
  2. Edward 96GTS

    Edward 96GTS F1 World Champ
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    Nov 1, 2003
    11,078
    why the lawsuit?
     
  3. johnireland

    johnireland F1 Veteran
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    That is the question. It only makes sense if Steiner senses he might not get his share if there is a sale. And if there is a buyer talking to Gene Haas...well...this is the logical team for Andretti to become involved with. They could even get Alfa Romeo to join them to increase the Ferrari tie in.
     
  4. DF1

    DF1 Three Time F1 World Champ

    Massa and now this lol. So much love in F1 :)
     
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  5. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ
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    Oct 31, 2016
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    McLaren F1 and Mclaren IndyCar is sueing Alex Palou as well. No joke.
     
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  6. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
    FRANCE
    william and jgonzalesm6 like this.
  7. DF1

    DF1 Three Time F1 World Champ

    #7 DF1, Aug 20, 2023
    Last edited: Aug 20, 2023
    Yes saw this last night. I guess its court for excitement now and not the track. Max-Bull has all the titles decided LOL!! :)

    -- Via F1i.com
    As the summer break winds down and the roar of Formula 1 engines draws near, Max Verstappen basks in the sun-soaked final days of a serene oasis.

    Eyes closed as he floats effortlessly on the azure waters stretching out to the horizon, a faint smile plays on his lips, a testament to the utter peace that envelopes him.

    Life is good for the Red Bull driver who will return to action at his home race at Zandvoort next week determined to build on his near uncatchable lead in the championship.--

    Image Unavailable, Please Login
     
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  8. Patrick Dixon

    Patrick Dixon Formula 3

    Mar 27, 2012
    1,130
    UK
    The continuing Americanisation of F1: everyone sues everyone else and only the lawyers win.

    Sport is always the loser to Money.
     
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  9. Jack-the-lad

    Jack-the-lad Seven Time F1 World Champ
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    It’s barely a sport any more….
     
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  10. Hawkeye

    Hawkeye F1 Veteran
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    Sep 20, 2009
    8,177
    Gene denies that Gunther owns half the team, this should be pretty simple to discern. What do the documents say that includes both signatures?
     
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  11. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
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    Hard to argue against that..."truer words have never been spoken".

    Rgds
     
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  12. LVP488

    LVP488 F1 Veteran

    Jan 21, 2017
    5,879
    France
    As a notary told me several times, "a bad agreement is better than a good lawsuit".
    Not a popular statement for lawyers I guess.
     
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  13. nerofer

    nerofer F1 World Champ

    Mar 26, 2011
    12,083
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    Generally attributed to Honoré de Balzac, who liked notaries...
    ("Un mauvais arrangement vaut mieux qu'un bon procès")

    Rgds
     
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  14. 375+

    375+ F1 World Champ
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    Do you mean Civil Law? I disagree.
     
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  15. william

    william Two Time F1 World Champ
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    I like this; Zak Brown is getting a taste of his own medecine. :D
    Last year, Oscar Piastri was literally poached from the Alpine stable to join the Woking team.
    This time McLaren is losing his "protegé" Alex Palou to the benefit of Chip Ganassi in Indycar !
    $Millions invested in both case to groom a new driver to enter F1, who escapes at the last minute.
     
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  16. william

    william Two Time F1 World Champ
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    Jun 3, 2006
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    I remember when F1 was ruled by Jean Marie Ballestre, a Frenchman, people complained;
    Then it was the British duo Max Mosley & Bernie Ecclestone, people still complained.
    Now it's Mohamed Ben Sulayem (UAE) and Liberty (USA), people are also complaining.
    The new management gives its personal touch ... like 3 GPs in the States.
    What next if the Saudi manage to buy FOM from Liberty ? (already 4 GPs in the Middle East).
     
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  17. jpalmito

    jpalmito F1 Veteran

    Jun 5, 2009
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    mathieu Jeantet
    Agree
    Karma :D
     
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  18. jpalmito

    jpalmito F1 Veteran

    Jun 5, 2009
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    mathieu Jeantet
    I think there is too much French on this forum!;)
     
  19. steved033

    steved033 F1 World Champ
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    por que?
     
  20. jpalmito

    jpalmito F1 Veteran

    Jun 5, 2009
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    mathieu Jeantet
    Parce que.
     
  21. Jack-the-lad

    Jack-the-lad Seven Time F1 World Champ
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  22. USMCS6

    USMCS6 F1 Rookie
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    Elliot
    Just race the damn cars. To much distraction.
     
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  23. Remy Zero

    Remy Zero Two Time F1 World Champ

    Apr 26, 2005
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    MC Cool Breeze
    Agreed. Just a show now. a sh!tshow i must add.
     
  24. Temerian

    Temerian Formula Junior
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    Rick Temerian
    F1 regulations require hybrid lawyers and there is a strict cap on legal fees…
     
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  25. 375+

    375+ F1 World Champ
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    Dec 28, 2005
    13,648
    :eek:5 day thread ban, minimum.
     

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