F1 News, Reports and Race Results

Steiner welcomes Liberty's stance on Haas business model

Haas boss Guenther Steiner was happy to hear that Liberty Media intends on ensuring the sustainability of the much decried business model used by the US outfit in F1.

Haas entered Formula 1 in 2016 by capitalizing on a close technical partnership with Ferrari, an approach that has proved beneficial to the young squad but which has also upset the sport's independent teams who do not view Haas as a bona fide F1 constructor.

For McLaren, Racing Point or Williams, Haas has gained an advantage by putting itself on the fringes of legality and deceiving the spirit of F1's regulations.

Formula 1 sporting manager Ross Brawn acknowledged that Haas' clever exploitation of the technical partnership model shall require a few adjustments in the future, but looking ahead the model will remain part of Grand Prix racing's under-structure.

"I wouldn’t say they are looking after us," said Steiner.

"I would rephrase that: they are looking after Formula 1. It is a bigger picture than us or another team.

"We are all egotistic obviously and somebody is a referee, and they need to look after the business that we have enough teams here that can fight at an equal level."

Ultimately, Steiner believes that an approach that can help tighten up the field is salutary to F1 as a whole.

"If you guys have got three teams that are two seconds ahead, then you have got teams that are two or three seconds behind and another group of people who are two or three seconds behind them, what fun is that? How long can that exist?

"We need to close the gap and that is one of the ways to do it. If people like it or not they just need to do a better job. Then we are fine."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

Recent Posts

Colapinto camp stepped in after Ocon clash to prevent death threats

Franco Colapinto’s management opted for an extraordinary defensive maneuver after the Alpine driver’s clash with…

6 hours ago

F1 The Movie wins Oscar for Best Sound

F1 The Movie took a victory lap on Sunday evening at the 98th Academy Awards,…

7 hours ago

Formula 1's first and last unofficial starter

German driver Hans Heyer was born on this day in 1943, and while his main…

9 hours ago

Stella confirms engine-related failures, but won’t blame Mercedes

McLaren endured a bitterly frustrating weekend at the Chinese Grand Prix as both of its…

10 hours ago

Kirkwood beats Palou to claim Arlington IndyCar glory

Kyle Kirkwood delivered a masterpiece on Sunday in the shadows of AT&T Stadium, proving that…

11 hours ago

‘A horror show’: Wolff links Verstappen’s attacks to Red Bull’s woes

While Max Verstappen continues to wage a verbal war against Formula 1’s 2026 regulations, Mercedes…

12 hours ago