Here's why America's Formula One team is so bad
Fox News
Haas F1 owner Gene Haas says it hasn't been worth spending money to improve his team's performance with all-new cars coming in 2022.
The team has struggled since Gene Haas created it in 2014 from the ashes of the failed Marussia F1 outfit and started racing in 2016, but he isn't that concerned … yet.
In Austin, Haas said it just hasn't been worth spending the money to improve the performance of his current cars because there is an all-new formula for the cars coming next year that will essentially reboot the series and help level the playing field.
"You could spend $10 million to $20 million and maybe move up one position," Haas said. "It wasn’t worth the money. We just decided we’d put all our money in the ’22 car."
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