Jan 23, 2012; Concord, NC, USA; NASCAR The Sprint Cup Series cars of Stewart Haas Racing are displayed during the 2012 Sprint media tour at the Embassy Suits Hotel in Concord, North Carolina. Mandatory Credit: Sam Sharpe-USA TODAY Sports

Gene Haas declares interest in new Formula 1 team


Gene Haas, co-owner of the Stewart-Haas Racing Nascar team, has declared his interest in creating a new Formula 1 team.

Haas is working on the project with former Red Bull and Jaguar technical director Guenther Steiner. A statement read:

“We have responded to the FIA’s call for expression of interest regarding a Formula 1 entry on behalf of Haas Racing Development. We respect the FIA’s evaluation process and will share more details in the coming weeks.”

In early December the FIA said it was looking for new teams to compete, possibly as early as next season. Any interested teams would have to complete a full application by February 10.

New teams were last admitted to Formula 1 in 2010, when Hispania, Virgin and Lotus joined the grid, while American-led US F1 tried unsuccessfully to launch a new team. It is understood that any team backed by Haas would particpate from the 2015 season.

If a team does come into existance it will be the second time the Haas name has featured on a Formula 1 grid, after Team Haas, who competed in the mid-1980s. Team Haas were owned by Teddy Mayer and Carl Haas, who is no relation to Gene Haas.

Tags: Formula 1 Stewart-Haas Racing