As an American, I’d really like to see what a team backed by a classic American brand like Cadillac/GM could do, rather than only having a customer team with a shoestring budget to root for. It would also be a great pipeline to finally get some quality drivers from US based series’ into F1. If the only way to achieve that is to have Haas sell, Gene should sell. He really does not seem like he wants to invest in the sport.
@Nikowalker007 Жыл бұрын
Absolutely
@gpaje Жыл бұрын
Doesn't need to invest, just keep it running and sell when it's value as a couple of grid spots is at it's highest. He has already probably quadrupled his initial investment. Think of NFL ownership in regards to F1 these days. He isn't selling until he thinks the value is at it's peak.
@lexus_offroad_adventures Жыл бұрын
@@gpaje I think you’re right, unfortunately. Unless Gene can squeeze a premium valuation out of Michael, I don’t think he sells yet either.
@AndrewDRSWilliamson Жыл бұрын
Isn’t has an American brand 😂
@gpaje Жыл бұрын
@@AndrewDRSWilliamson Cadillac/GM?
@aaronedwards4953 Жыл бұрын
Part of the issue that Gene faces (or ignores), is that this isn't his first 'major' team. He owns a NASCAR team and has for almost 20 years. His team was a back-marker, trying to leech off prize money to make his team better. It took an 'investment' in giving part of the team to Tony Stewart. Just a short time later, he wins the championship. It required racing talent and management talent (Stewart) to make the team relevant and contending for wins. Stewart got a lot of money invested. Now his team is work 50x. I bet Gene hopes for lightening to strike twice. That could mean Andretti. In short- Gene doesn't know nearly as much as he should.
@camillaquelladegliaggettiv4303 Жыл бұрын
Stewart-Haas is in the doldrums at the moment. Their most experienced driver (out of four) is just starting his fifth full-time season, two out of four are basically rookies. The cars suck. Something's going on on the NASCAR side as well
@Strider_JM Жыл бұрын
“Gene doesn’t know nearly as much as he should” or as much as he thinks he already does know. He and his team are dead wood in the F1 Paddock
@AntoniusTyas Жыл бұрын
@@camillaquelladegliaggettiv4303 heard that Tony Stewart was also miffed at Gene for not spending as much as it should have been.
@joshlehnertz-dx2ej Жыл бұрын
@@camillaquelladegliaggettiv4303to be fair the same was said about Hendrick Motorsports not too long ago after Johnson, Gordon and Earnhardt retired. So the nascar team is gonna have a year or 2 down period but I think they’ll be back.
@bobroberts2371 Жыл бұрын
Another data point . I've dealt with the machine tool side of Haas and can attest, that Gene rules the company with an iron fist where workers at the factory in Oxnard CA as well as dealers are fearful of going against anything that Gene says. My dealings with Haas were in the 2008 - 2018 time frame. Want to order repair parts ? Sure no problem, except ALL parts had a 100% core charge if you didn't ship the part back to Oxnard at MY expense. Want to order a spare drive belt? 100% core charge if you didn't send back worn out one. Want to upgrade a machine to a network card? Same deal, send the old one back except there isn't one to send back since it is an upgrade. Bent up way covers? Same deal. Also note that Gene was convicted of tax evasion in the early days when he launched the company. With all of that said, the machines filled a void in the mid range machine tool market at a decent price.
@MrReese Жыл бұрын
What Gene Haas is doing with his F1 team reminds me a lot of what US owners of football clubs in the Premier League were doing - they bought the team, didn't invest a whole lot and let the money print itself by profiting from the huge revenue streams of the clubs such as ManUtd and Arsenal.
@MrLPLAYA Жыл бұрын
Spot on observation!
@gpaje Жыл бұрын
Gene understands his team's place in F1, and he doesn't care. It's a growth investment for him. Gene has already said no to Andretti several times, and that's when the team already went up in value. He is either waiting a bit longer to squeeze a few more hundred million or getting ready to sell in the next year or so.
@rars0n Жыл бұрын
"Gene understands his team's place in F1" No he doesn't. Not when he's making public statements about how he doesn't understand why they're not winning.
@gpaje Жыл бұрын
@@rars0n That's just PR to explain getting rid of your leader and hiring someone for less money. He is putting the team on cruise control until he sells it.
@rars0n Жыл бұрын
@@gpaje I mean, I don't disagree with that. It seems like the most obvious explanation, anyway. The one thing he's definitely not doing is putting the team in a position to actually win anything.
@gpaje Жыл бұрын
@@rars0n Agreed, and I for one can't stand that myself. But, that's what he is doing.
@ronbelanger4113 Жыл бұрын
Corporately he may like the write off?
@suiyan6297 Жыл бұрын
I hope not, so that Andretti can join as an extra team and increase the number of teams to 11. Consequently, increase the number of seats to 22 instead of 20.
@Custom2udo Жыл бұрын
Andretti aren't guaranteed that 11th spot that doesn't even exist at the moment, there's a decently high chance the 11th spot doesn't get created either due to how it'll effect the other teams and them all having a say in who gets added, this is why them buying Haas is a much better option given the nature of it all. I'd prefer 11/12 teams but its not something that's looking too likely to happen
@snowtrooper8817 Жыл бұрын
@@Custom2udoI would say denying that 11th seat will crash F1’s appeal and value. That’s not even taking into account the PR damage it’ll do. F1 most likely will let Andretti in as an 11th team but they’re dragging their feet a lot atm, probably hoping someone like Haas will sell. They want Andretti but not the 11th spot.
@ianaddiction3808 Жыл бұрын
@@snowtrooper8817denying Andretti won't have any negative effect on F1 at all
@zNoah Жыл бұрын
@@ianaddiction3808 They are also indirectly denying GM
@Joker210SA Жыл бұрын
@@snowtrooper8817remember the teams have to also vote for that 11th team and the fact that shorts prize money the teams will be voting against the new team
@michaelredford5389 Жыл бұрын
I wonder if Eddie Jordan ever wonders what his team would look like today if he had managed to keep at it somehow until a cost cap was properly implemented?
@Exofficina Жыл бұрын
you can see it. Its called Aston Martin lol
@michaelredford5389 Жыл бұрын
thank you, very productive there.@@Exofficina
@djoetma Жыл бұрын
@@Exofficina No, because Jordan wouldn't have given up his team but also it remains the question if he would've grown the team.
@Exofficina Жыл бұрын
@djoetma err, yes because that's what it became after Midland, then Spyker, then Force India/Racing Point, before becoming Aston Martin. Same factory grounds across from Silverstone. And of course he would have grown the team He did it in 1991 after going from F3 into F1, and continued to grow it into the early 2000s until jt became literally impossible to keep competing against car manufacturers spending 100s of millions, which is why wheb he couldn't get the funding he decided to sell amd get out. If you watch DC and EJs F1 for Success channel for their podcasts, you would understand EJ isn't just an outspoken former team owner, he gives a lot of insight to himself and his character in those discussions of BTS within F1 where I have no doubt, and you shouldn't have doubt either IMO, that if course he would have grown the team. He certainly did do more than Gene Haas is doing for his own team. Genes lack on direct involvement pales in comparison for a team owner like Eddie. All this comment shows, no offence, is a bit of ignorance on your part regarding EJ and his old F1 team and that part of the history, to be honest. Eddie only sold because you couldn't operate on a budget of less than the cost cap now in F1 due tk the insane amounts of money spent on in season testing and development, so there's not just a question of the financial side that affected Jordan, but also the entire ruleset that were homolagated at the time !!! It was a very different world of F1 pre 2005/6 which I feel you're forgetting with regards to your reply and opinion here.
@michaelredford5389 Жыл бұрын
@@djoetma thank you
@charliepalmer3244 Жыл бұрын
What Gene has, is the equivalent of having gold-rich land, but he isn't able to mine it effectively.
@gpaje Жыл бұрын
Doesn't need to, he is sitting on that land until he is paid. He bought that land when it was cheap, now waiting for a really big developer to pay a price he won't say no to.
@charliepalmer3244 Жыл бұрын
True. Regardless it needs to be mined at some point, and he ain't the man for it...
@gpaje Жыл бұрын
@@charliepalmer3244 Agreed, I rather have someone trying than just holding station for a pay day. But who knows, maybe he could be heading towards that direction.
@EchoMirage72 Жыл бұрын
... and those he paid to try and mine it don't know what they're doing.
@gpaje Жыл бұрын
@coletrickIe @coletrickIe that's all he needs, that grid lot is very valuable especially with the teams not wanting to add any more new teams.
@Stoufclown Жыл бұрын
No. Andretti has made a bid to be an additional entry. He deserves to be . This side story on Haas is a thing, a seperate topic. But Andretti / GM plan is a separate story that needs to happen ( i’m French btw not American). That being said, the Haas staff are super professionals and deserve to continue to work and live their passion. And if the solution is through Andretti / GM so be it
@mike_romine Жыл бұрын
I will be very surprised if HAAS is around for more than 1-2 seasons. This adjustment might be good for the team, and 24', they could finish 7th or 8th and see some improvement. I wouldn't doubt that another buyer besides Andretti/Cadillac could snatch them up, too. I could see Andretti coming in as a new and separate 11th team on the grid.
@kgreig8365 Жыл бұрын
"The most valuable asset has just walked out the door..." Well said, that man!
@ralphhathaway-coley5460 Жыл бұрын
The thing is Hass has a quick car see quali results but, like the Ferrari it chews through its tyres quickly, have they also bought some of the Ferrari's problems with the Ferrari parts?
@armadillolover99 Жыл бұрын
They didn’t have tire issues in the early part of 2022, I think that characteristic really came when they updated their aero concept to be more in line with what Ferrari was doing.
@aslamnurfikri7640 Жыл бұрын
Haas is very dependant on Ferrari. You can predict how Haas is doing next year by seeing Ferrari now
@gealingeman8643 Жыл бұрын
Could be yes
@paulmontagnese7709 Жыл бұрын
There are two types of people in F1 : 1. Sport / Competitors 2. Business / Entrepreneurs People like Guenter are in it for the competitive nature of the sport, Gene is utilizing the tax implications of owning the team. It’s unfortunate but it seems to be the reality. However, Andretti may be the combination of both that would make f1 and the fans the overall winner 🏆
@mustangecoboosthpp3869 Жыл бұрын
Guenther Steiner was an anchor around the Haas F1 teams neck, he had several years to improve the team and he failed in the worst ways possible from his horrible team management to his horrible race day decisions and his treatment of drivers was bad as well.
@teabagtowers3823 Жыл бұрын
@@mustangecoboosthpp3869 Well he had a shoestring budget and in Grosjean & Magnussen two average at best drivers.
@vandalsgarage Жыл бұрын
Steiner failed at Red Bull, he failed even worse at Red Bull's NASCAR startup, and he's failed to accomplish anything at Haas. If it weren't for Netflix, he probably would have been fired several seasons ago. I suspect Gene Haas understood that Steiner's notoriety helped bring in sponsorship money. I was not remotely surprised that Steiner was fired. My only surprise was that he lasted so long. He was a disaster as a Team Principal.
@vandalsgarage Жыл бұрын
The myth that Haas was underfunded is absurd. For 2023, they were fully funded even before the season started. They have access to the best wind tunnel in F1, they build their cars with current Ferrari tech. They don't have a funding problem, they have problems deciding how to get the most from that budget. They're wasting millions on their underutilized HQ in North Carolina.
@martinohnenamen6147 Жыл бұрын
Cost cap is a bit misleading since in my understanding there is the cost cap for the active running of the team but also investment in infrastructure (plant, ...) and the later is the one lacking in Steiners view. So even so they might be within 10% of the cost cap they could spend a lot more than that 10% in other departments.
@MrBaroshi Жыл бұрын
I honestly could see Gene HAAS selling his stake in the struggling NASCAR team Stewart-HAAS Racing in a few years. To focus more on F1.
@kareemkhater5229 Жыл бұрын
Personally I’d like to see an 11th team but I’m sure we can all agree worst case scenario is we keep HAAS and pass Andretti, so if the only way is too sell haas then I would be ok with it
@joeterzio7175 Жыл бұрын
What am I missing? This whole question is ridiculous. The Concorde Agreement, which is the contract between Formula 1, the FIA and the teams, does not specify any conditions or procedures for a team to sell or transfer its entry to another entity. The only requirement is that the team must notify the FIA and Formula 1 of any change of ownership or control, and obtain their consent.
@ralphhathaway-coley5460 Жыл бұрын
Will Hass sell to a big rival and give them the chance to really show him up by succeeding where he failed? I can't see it, even if it makes sense.
@adamb2619 Жыл бұрын
Exactly. Pride almost has to take over. Same goes for Papa Stroll not canning his own son, and just better to sell the team to not get to that position to make.
@Juice_2288 Жыл бұрын
It shouldn't be left up to Haas
@BigCalm48 Жыл бұрын
This is probably the best breakdown of the key concepts at play thats come out over the last week.
@MattGP01 Жыл бұрын
Haas doesn't add anything to F1. It's not really American, it's not really a constructor, it's not really a team which actually wants to win as it has done nothing which shows that ambition. Andretti's shown all of that. That's the problem of the franchising model F1 has gone down. Teams can still turn a profit year on year despite finishing last.
@ibex485 Жыл бұрын
Something else Gene clearly does not understand is that Haas' operating model is inherently cost/performance inefficient. The rules make it intentionally so by setting the regulated price of the components they can buy from rivals higher than the cost of producing them in-house, to protect the interests of the smaller constructor teams like Williams. It was a cheap way to get into F1 (minimal capital investment), but it is by design a very inefficient way of operating an F1 team. And with the budget cap in place, they can't compensate by spending more overall so sacrifices have to be made elsewhere. (That's why Alpha Tauri has moved back to producing more in-house to make their budget go further.) Even if Haas has the same budget to spend as everyone else and managed to be just as efficient at converting it to performance, they would still be at a disadvantage because of this. It's as though Gene somehow believes that with the current setup he is getting a Ferrari customer car and can't see why it isn't as fast as the Ferraris.
@axel_sord Жыл бұрын
I've missed the poll, but as soon as I've heard the news about it, and while watching your very first video, this is exactly what I was thinking! It makes total sense now, because taking into account the statements against the entrance of a 10th team and all the talks about the 10 current teams value, the exist of Gunther Steiner and the refuse of Haas to invest in the team, really does weakens F1's position against a very serious candidate. Also, given the talks about Audi's commitment, all of this really seem to change the wind in Andretti's favor...
@joeterzio7175 Жыл бұрын
Haas said he isn't selling and The Concorde Agreement does not specify any conditions or procedures for a team to sell or transfer its entry to another entity. The only requirement is that the team must notify the FIA and Formula 1 of any change of ownership or control, and obtain their consent.
@Dragonpuncher123 Жыл бұрын
I would much rather have 11 team on the grid. Andretti buying Haas doesn't really make sense for them with how they have been building up their team already.
@Trundle_The_Great Жыл бұрын
I completely agree with scott. Best take on the situation yet.
@miszlaimate589 Жыл бұрын
What we have to take into consideration, when we are talking about Haas selling the team to Andretti is the infrastructure that Haas has. Because basically it’s non existent. If Andretti would come into F1 it would want to do it properly, it would build nearly everything in house and with Haas’s current infrastructure it’s simply isn’t possible. The only valuable thing that Haas has is a seat at the table. Any other thing that this team has doesn’t worth a thing.
@Axle0Bullitt019 Жыл бұрын
Honestly, one could look through the extreme defense against Andretti joining by Steiner as showing just how valuable Haas is to Gene. To me, this clearly shows he doesn’t want the money that the team earns to be lessened in anyway.
@R1ckDeckard Жыл бұрын
I think it's all because of James Vowels' success in Williams. He elevated the team by increasing efficiency and very direct communication. Steiner just didn't cut it anymore
@413TomaccoRoad Жыл бұрын
Bridgeport CNC milling machines are built in Indiana and Andretti's HQ is in Indianapolis.
@random-person1 Жыл бұрын
the question (or counter question) is, WHY would Michael Andretti want to buy Haas? he has his own teams already running, his own staff and drivers. if MA bought out Hass, he would likely have to keep all the staff with the team, otherwise thats so many people unemployed. but then, he would have to likely turn away people he already had lined up. and then there is the fact that the team (as it stands) is mostly finished with the 2024 car, so buying now would be a big no because if the car is junk, you are taking someone else's junk and having to put your name on it. so no, buying Haas really isnt a viable option, at least not for Andretti!
@rhodrage Жыл бұрын
If the team wants to go forwards, it has to stop relying on Ferrari and Dallara. Ferrari will never allow another team to beat them, and building their own car will make testing and designing way easier.
@Itsjustmyperspective Жыл бұрын
You guys are so good at stating the obvious and making content out of it, Truly a skill.
@gustavomiranda52187 ай бұрын
Why not Gene Haas sell 40% for Andretti and make his coo ower , and we can see a Andretti-Haas project with a union will be injects more money in F1 team.
@keithclunk3125 Жыл бұрын
I like seeing Glenn Freemen on these. Reminds me of his couch interviews some years back. More Glenn, I need more of that comforting voice 😉
@joshgee8714 Жыл бұрын
Cadillac are known as big comfortable touring cars....not a name synonymous with F1
@CYMotorsport Жыл бұрын
I think it’s a lot more likely you don’t have a clue the nuance of Haas’ business model. Pretty wild to suggest Gene Haas doesn’t understand the situation. TBH shocked this is even being debated.
@vandalsgarage Жыл бұрын
I hope Gene Haas keeps his team, and turns it around under new leadership. Haas F1 was fully funded for 2023, they build their cars around current Ferrari tech, and have access to the best wind tunnel in the sport. Gene poured money out of his own pockets during the lean years, but now that F1 has become more popular than ever, he's finally getting the sponsorship support he needs to make the team successful. Money wasn't a problem in 2023, they suffered from a leadership problem. Steiner was let go from Red Bull for his lack of engineering expertise, the TP needs to be fully engaged across all aspects of the sport, including the science.
@djoetma Жыл бұрын
CORRECTION: Gene Haas is not a billionaire. He is, as far as I can tell, not related to the famous Haas family that was related to the famous Levi Strauss family. He is very rich though, worth around 250 million, but definitely no billionaire. Also, it's so odd how little F1 journalists seem to understand about organizations and are able to make a judgement about people. Haas has an engineering background and has been involved in racing for many years. He understands the challenges around creating a car and why he won't be as fast as Ferrari. When he said that they should be closer, he doesn't mean he can get a Ferrari chassis on the cheap and perform on top level F1. Also, F1 is NOT a sellers market because the value of teams is rising. That means per definition that you want to wait as long as possible to get the maximum price off of it.
@TK621why Жыл бұрын
He absolutley shouldnt sell because its power as a franchise is so important. But if he fails to revive Haas youre right it could be forced out
@AlanGresham Жыл бұрын
If Andretti is good for F1 then let them join as a new team. There will always be a back marker in F1, Haas being last doesn’t mean it needs to sell. It would be different if they were not scoring points, but they are.
@2Greenlid11 ай бұрын
They want to join as an 11th, F1 wont let them, that’s why this is a discussion!
@AlanGresham11 ай бұрын
@@2Greenlidyes, my point was that Andretti clearly wouldn’t be good for F1. Andretti buying Haas wouldn’t change that. What impact will it have on the US market when Andretti, month after month, are not able to participate in grands prix due to the 107% rule?
@stevenmoran4060 Жыл бұрын
Why are the ten F1 teams getting paid too much prize money? The Concorde agreement states 12 teams can enter and the prize pot should be shared by that factor. But no, the prize pot is divided among 10 teams. FIA and F1 should have only paid out the amount divided by 12 and kept the extra 2 parts in a fund. Then the teams wouldn’t have mined about an extra team because the prize pot would be bigger.
@statixsc3013 Жыл бұрын
Well I can't wait to hear what you guys have to tell Gene haas about his position in f1 and what he doesn't seem to understand.
@guitarsimon1 Жыл бұрын
Scott made an excellent point at the end, would be very interesting to look into the parallel universe where everything's the same except Drive To Survive doesn't exist.
@wearethetraffic Жыл бұрын
The loss of Steiner is a serious loss, however I think if he wants to and believes he can win races without additional expenditures. Then this shift was his best chance to try something radical and new. It doesnt appear to be a case of he wants to sell, but I could be wrong
@fallenshallrise Жыл бұрын
I don't think a sale will actually happen but it would be an elegant solution for Gene to sell the team for $200m to Andretti and then Haas as a corporation can re-invest those funds and use some of that windfall to become a major sponsor of the new Andretti / GM team. This way Andretti skips paying the entry fee to the other teams and the Haas logo stays on the grid while 95% of corporate people looking at F1 from the outside would never know the difference.
@fallenshallrise Жыл бұрын
Of course the chances of Haas and Andretti getting in a room together and making a deal are somewhere between1% and zero.
@gealingeman8643 Жыл бұрын
600million is the vallue actually
@grumpsisinthehouse8828 Жыл бұрын
I kinda see it like this... Andretti would only be buying the entry... That's all they need from Hass... Thus potentially putting all at Banbury and Marinello out of a job... I'd rather see an 11th (and 12th) new team bring 4 more seats to F1 and Gene sell to Gunther... Or Rodin... Or Carlin.
@teabagmcpick889 Жыл бұрын
6:45 100% this.
@radomiriz Жыл бұрын
There is a place for a team being at the back of the grid, in that the team can be used to allow drivers, engineers, etc. to cut their teeth in F1 before rising to a 'better' team.
@gealingeman8643 Жыл бұрын
Exactly!! And many do!!
@FlamingChickenG Жыл бұрын
In an era of the cost cap if you're not spending to the cost cap then you're under investing. Also the problem here is not spending the cost cap money it's spending money in facilities and more personnel.
@Exofficina Жыл бұрын
Haas wont ever sell to Andretti,, they've been competitors in other motorsports series for 2 or 3 decades now, so of course that sale will never happen, its the most obviously missed reason IMO. Scott raises a good point in his question back to Glenn about why they arent higher up especially if spending as much as the other teams, and with their model, also getting as much from Ferrari as they can - because the same would surely apply to AlphaTauri being Red Bulls sister team and not getting results either (better results sure, but a semi similar boat) - so the money spend makes no sense, except for the input into beyond capex spending on things like facilities, wind tunnels, staff. etc which I feel is the angle here Gene isnt understanding, alongside Scotts point of a lack of the aerodynamic understanding within Haas
@anvilmarauder318 Жыл бұрын
As an American, They’ve never really felt like an American team to get behind. But I’d love to see Andretti as its own thing. Selling doesn’t seem to make sense since Andretti wouldn’t want to use Haas’s facilities and staff anyway.
@LVQ-so5th Жыл бұрын
Andretti would be buying a guaranteed spot on the grid. It's not about the facilities and staff.
@anvilmarauder318 Жыл бұрын
@@LVQ-so5th true. Still would be a shame and bad look if they’re denied entry as an 11th but accepted as new owners.
@joemills4603 Жыл бұрын
It'll be really interesting to see how the car performs this year, because some of the arguments put forward here speak volumes for the state of F1 - not just Haas. Assuming the arguments are correct, and Haas fail to develop their car as much as those with better infrastructures, then the team will naturally drift further from the rest of the pack. That is good for F1, as it would evidence the competitiveness of the sport, the effectiveness of the business model, the suitability of the regulations... the list goes on. There is, however, always a chance in F1 that Haas could pull some amazing development out of the bag and the team end up competing for 6th or 7th in the championship. It sounds extremely unlikely to me, but I'm very interested.
@rogerpullin8997 Жыл бұрын
what will be, will be, the furture is not ours to see
@ronbelanger4113 Жыл бұрын
Ms. Day had such a lovely singing voice!
@stevejhkhfda Жыл бұрын
Totally agree with this video. Unfortunately in F1 the things you want to happen rarely do....
@BwInNewJersey Жыл бұрын
Genes Nascar team with Tony Stewart had a terrible 2023 also. I think its more than money -there is a lack of inspiration, leadership.
@chadgtr34 Жыл бұрын
Nascar team is cheaper to run. Yes, you are right, Brawn GP didn't have a single sponsor. Nikki Lauder brought Inspiration, Leadership to Mercedes Team, the real man behind Toto Wolf. Redbull has an advisor helmut Marko and probably the real redbull owner himself caring for their drivers, some kind of leadership and inspiration. Haas team need a Goat behind the team, to help the team members imagine Winning Races and not just to beat other back marker, beating other backmarker makes you the winner of the backmarker.
@banovsky Жыл бұрын
Gene Haas to F1 “I don’t need you” … F1 fans to Gene Haas “Bye then!”
@PatrickLee716 Жыл бұрын
I'd love to see Andretti come in with Cadillac, pick up Guenther and with a huge Investment show what Guenther is capable of doing and make a run at the top dogs. I think Guenther has the passion if given the funds and the ability to make decisions. His last few teams always seemed to keep him on a short lease and never let him just run with it and do what he thinks needs to be done.
@wraitheful Жыл бұрын
Now I’m all excited about the possibilities within Haas! Much prefer them over Andretti and I particularly enjoyed the statement regarding humiliation when finishing last. Now get to work! Consolidate and expand the facilities!
@patmaher9435 Жыл бұрын
The Haas model worked well to get them onto the grid and establish themselves. Now (because they didn't do it sooner) they need to mature from that position or sell, if they choose to mature its going to take expenditure along the lines of what all their rivals are doing. Holding onto the team and not investing, will just cement them at the bottom of the table.
@timsearle7695 Жыл бұрын
In the NHL there’s a salary cap and also a salary floor - minimum player costs each year to ensure people don’t field a team that’s too bad. Couldn’t F1 pretty easily do the same?
@legvalmont Жыл бұрын
"his most valuable asset has just walked the door" Couldn't have been more precise.
@eggreedgious5194 Жыл бұрын
I'd love to see an actual American team compete in F1. We don't take kindly to finishing last. Not really our thing.
@aslamnurfikri7640 Жыл бұрын
Don't forget they used Russian flag livery
@realsheimitv1977 Жыл бұрын
Agree with everything Scott had to say on this matter.
@martinterreni1616 Жыл бұрын
Gene has is not leaving in this world. This as good as they can be.
@Juice_2288 Жыл бұрын
I think we, the supporters of the sport that sponsors advertise to, have all the right to demand that an owner, who hurts the sport rather than contributes to it, has the right to demand he vacates his position
@gealingeman8643 Жыл бұрын
An owner that hurts the sport? You mean Toto and Merc.... Haas is the 10th team. There will always be a 10th team. They earned points each season. The have a GREAT QUALI CAR. But they eat their tyres. They need a design solution for their tyre deg! KMag pole Brazil 2022, Hulk MANY TIMES Q3 in Quali. P2 even in Quali Canada last season!! Haas isnt hurting F1! They are the weakest on tyre deg, thats it.
@TheGalantHamburger Жыл бұрын
Haas sees F1 as a rolling advertisement. He should partner up with Andretti, let a company who know what they’re doing run the team, be title sponsor, get the same exposure and spend a third of the money for the same exposure, i’d not mind seeing an Andretti Haas Cadillac on the grid.
@joeterzio7175 Жыл бұрын
Current teams have no legal say in the matter of new teams entering F1, according to the Concorde Agreement or any other bylaws. They can only voice their concerns and try to persuade Formula 1 and the FIA to reconsider their decision . However, this does not mean that they have the right to block an entry that the FIA has approved, as long as the new team also secures a commercial agreement with Formula 1. The current teams may have their own reasons for opposing Andretti’s entry, such as financial or competitive interests, but they cannot legally prevent it from happening.
@aslamnurfikri7640 Жыл бұрын
The only way to improve Haas is by spending more on everything: improve their facilities, hire better engineers, hire better drivers. But Gene seems more than happy having Haas in F1 even though it's dead last. Considering their main rivals are improving and spending more, Haas' days are numbered
@polyglotuk Жыл бұрын
I love how analytical and non-sensationalist this channel is (even when discussing a questionable poll). Thanks.
@gealingeman8643 Жыл бұрын
🤣🤣🤣🤣 yuu mean this Merc fanpage? 😂😂😂 non-sensational? Stop joking
@RebelRanger2009 Жыл бұрын
Absolutely 💯! Andretti racing is a vital part of F1's future in the US. No rational person sees Haas as an American team. It is a hybrid team, of multiple countries.
@ronbelanger4113 Жыл бұрын
No it is not, just another mobile chicane team.
@LimitPro1 Жыл бұрын
@@ronbelanger4113 Andretti would be midfield up there with the likes of Alpine.
@tuttutteddy8889 Жыл бұрын
I feel like everyone is forgetting the advertisement. Gene has said numerous times the advertisement is worth it.
@CGC_Tetsu Жыл бұрын
If FOM refuses to add an 11th entry, I don't see why Gene doesn't just sell the team to Andretti and then try to make a contract in place where Haas Automation is their title sponsor. It allows Gene's brand to continue existing on the big stage in F1, while allowing for potential growth from a different team philosophy.
@TheHarrie93 Жыл бұрын
You gotta respect what Steiner has done with the resources he got. I understand Gene's perspective as well but they are the minardi of current times and when you look at how close the field has gotten and with the (CAPEX) investments going into other teams, they need to invest or risk falling behind. Taking bits from Ferrari doesn't cut it when the field is this close. You need to be able to develop by themselves or during the season. Look at what McLaren and Aston Martin are doing. They're no carbon copy of Mercedes
@pdriver870 Жыл бұрын
Some have said that Andretti doesn’t have the funds to buy out an existing team. So regardless of whether Haas should or will sell, maybe Andretti isn’t the buyer here. But one day, Haas will be sold. Last year they reportedly ran 10M under the cap, and that’s after Gene put in 8M of his own money for an upgrade that didn’t work. Without that cash, they’re running 15% less budget than the majority of the field. That’s a LOT of R&D and at that level of investment, it’s hard to be competitive. They need a big cash infusion that is sustainable, or else a few years from now Gene will pull the plug. My w cents. YMMV 🙂
@twocupstwodrams7535 Жыл бұрын
Formula 1 like all professional sports is an entertainment business. Like Guenther correctly and astutely pointed out several times in all his recent interviews, " it's Gene"s team and he can do whatever he wants." We/you can talk about sport all you want, but the moment sports/sanctioning bodies started selling broadcast and advertising rights, "sport" became a romantic/nostalgic part of the narrative.
@aimanfitri0iv Жыл бұрын
maybe or potentially could be but 85% that's a lot but it makes sense 🤔
@Pluckaiy Жыл бұрын
I think it makes sense to sell 80% to andretti and let them take over and if they make it something he still has 20% for himself that he is going to be much happier with than a legacy of a backmarker team that he sold for way less than what it could have been.
@tarettime9392 Жыл бұрын
I’d definitely prefer to get Andretti as an 11th team there’s so many talented drivers. The grid used to be larger and I think adding another team would signal that the sport is growing and bring investors to all the teams. But if they are denied I think them buying out haas would make sense. I think when you have a team principal that hasn’t shown that they are helping the team achieve its goals they are going to get fired. That’s just the way F1 works. If it’s true that they are spending that much a season they definitely have the financial means to be performing better than they are.
@outlawrob316 Жыл бұрын
I think it’s the wrong question. The right question is why on earth not let Andretti in as an 11th team? I understand the reasons (economic from the teams’ perspective) but they’re not sufficient imho. We could use two more seats for all the great drivers trying to get in and there’s not a thing wrong with Andretti’s bid. If there are no circumstances under which they’d accept an additional team then don’t open the process.
@OOpSjm Жыл бұрын
HAAS has an aero facility of its own. They should be tops in that area.
@ed_goblin Жыл бұрын
There should be at least 2-3 more teams in the sport. There's too many talented drivers waiting for seats that will never be available because of the small number of teams.
@daniwalmsley611 Жыл бұрын
Well tbh non of us know how effective the advertising he gets from F1 is. This isn'f an alpine situation where they're expected to moneyball their way to the front of tbe grid, in a very well understood game
@danked6731 Жыл бұрын
BECAUSE ITS A BUSINESS
@SMACK1978 Жыл бұрын
Someone please explain the difference between Haas and Alpha Tauri. As soon as Alpha started taking updated Red Bull parts they shot up the ranks. How do THEY understand Red Bulls aero and Haas doesn’t understand Ferraris 🤷🏽
@dane4265 Жыл бұрын
I suppose Alpha being redbull might explain it for you, despite them not meant to discuss the concepts, it obviously does.
@pher38 Жыл бұрын
No no no. Don’t indulge the idea of Haas selling to Andretti. Both are more than good enough F1 teams that can bolster the very small grid and provide more opportunities to young drivers. We don’t need two large organisations to cannibalise each other in order to appease the current teams
@ArthurZakaryan23 Жыл бұрын
With all the popularity of F1 the last few years, the value of each team has hit a peak never seen before. Gene will milk that for all it's worth, ride out 2024 and by the end of this seen we will see a clearer picture of his future plans. Clearly the value of each team isn't going down, quite the opposite so by end of this season especially if Haas is able to muster a bit more competitiveness to help it's place in F1, it can sell to Andretti for at least 1.5 times more than what it would at the end of 2023.
@ChrisHopkinsBass Жыл бұрын
It’s quite ironic that a company that makes CNC machines that are designed to make things such as car parts puts its name to a team that doesn’t actually make any parts…..
@Drrolfski Жыл бұрын
This team is done for in its current form, I'm calling it now.
@Coatsey007 Жыл бұрын
I would guess that good business sense is to wait for the F1 teams to decline Andretti, and then sell, but not before, because the value of his team will be considerably more, if Andretti get a place on the grid.
@joeterzio7175 Жыл бұрын
F1 teams don't have the authority to decline Andretti. This myth has been spread across various platforms like The Race but it simply isn't true.
@steventhomson7531 Жыл бұрын
HAAS may well be very close to the cost cap, but I have a feeling he is taking the cost cap in a very literal sense and only allowing the team to spend $120m or whatever. However all the other teams, while complying with the cost cap of $130m will be spending well over that on the many items that aren't included. I believe he does want the team to be more competitive, we all would if we owned a F1 team, but all he is looking at is the potential earnings.
@doxfire Жыл бұрын
Andretti buying HAAS would be wins kind of all around, for one the teams can no longer complain about splitting prize money with one extra team. Andretti would get into F1 which is the big win and well Gene gets a juicy chunk of cash for selling the team.
@gpaje Жыл бұрын
He already said no to him many times. He wants even more money and feels with F1s continued growth, he will get a bigger pay day in a few years.
@rikusstoltz734 Жыл бұрын
The Haas is an F1 kit car. Parts from Ferrari with a chassis from Dallara. So somilar to bying an off the shelf rasing chassis for clubmand rasing and slotting a Ford 1600 engine in there and go racing. Just at a much more expensive level.
@andydelphoto Жыл бұрын
First off, SM-M has a great sweater. Second, I think Haas is spending close to the cost cap because they are paying a whole lot of money on Ferrari parts, not because they are spending a whole lot of money designing, engineering and developing a fast race car that doesn't destroy its tires. I wish they were doing the later and running as a true F1 team. Even if Haas was operating more like a true F1 team I would probably still rather see a GM backed Andretti team on the grid.
@michaelredford5389 Жыл бұрын
While I really, really want the 11th team in F1 more than anything else, if Gene is still dead set on being involved, why not a setup like the Sauber/Audi setup at the moment? Haas could still have a stake (not that kind) in the team with priority of the return of control if Andretti decided to call it a day after 5 years or so.
@FoCoPuffs Жыл бұрын
GM until a few years ago: "So, 1.6 liter engine, that's about 98 cubic inches. We can give you 98 horsepower, 105 with the turbo."
@Grant80 Жыл бұрын
I agree with everything Scott says and it pains to say it I’m a huge HAAAS fan this team has do much potential to achieve and aren’t.
@ramo149 Жыл бұрын
I hope they don't sell and it devalues the team where andretti can just take over
@gpaje Жыл бұрын
The team is already worth many times what he originally invested, he is waiting for it to go up more, the two grid spots is more important than the quality of the team these days.
@justinsmith4562 Жыл бұрын
You don't understand how pricing works.
@FireStormHR Жыл бұрын
We need 22 or 24 cars on the grid, so Haas can stay IMO
@Thesocialgarage Жыл бұрын
There needs to be a minimum spend for the worst teams. Just the same as the top team has to pay extra fees. The bottom team should be required to put x number of dollars into their facilities to continue in the sport. Make it so that a team can't just turn a profit by showing up every weekend
@noahd.4551 Жыл бұрын
I can't tell you how much I agree with this
@aslamnurfikri7640 Жыл бұрын
F1 already has capital expenditure regulations. Lower teams like Haas get to spend more on infrastructure
@Karozy4869 Жыл бұрын
@@aslamnurfikri7640 not the same thing. That's for struggling team who actually wants to catch up with the bigger ones like William. Haas is on the other side of the fence, a struggling one but doesn't bother catching up with the grid.
@gealingeman8643 Жыл бұрын
HAAS IS SPENDING THE BUDGET CAP AMOUNT. There is no issue. Stop posting FANTASIES
@ryanvd7587 Жыл бұрын
I mean the poll doesn't make that much sense... kinda led the witness by essentially telling your audience that they should sell the team, then asking if they should sell the team
@encinobalboa Жыл бұрын
In all races and championships, someone is destined to finish last. I present Haas.
@Warhaawk Жыл бұрын
Using pit equipment from 2016 and the mini pit wall says it all about Gene and F1.
@Pseudomeaningful Жыл бұрын
Spending the same amount of money buying parts for Ferrari is not the same as spending that money developing your own parts and gaining the understanding.