Why Haas risks wasting its billion-dollar F1 opportunity

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  • čas přidán 31. 05. 2024
  • Unprecedented growth, billion-dollar team valuations, a bigger-than-ever calendar, increasingly potent star-power - the good times are rolling in for Formula 1. But one of the 10 teams is in serious danger of missing the party.
    And that is Haas. What is currently F1’s only American-owned team should be perfectly placed. In some ways, it is, but there’s a serious danger that underinvestment means that it won’t realise its competitive and financial potential.
    Haas struggled badly on track in 2023 and slumped to last in the constructors’ championship for the second time in its short history.
    Looking at the bigger picture, Haas simply lacks the level of investment needed to make the most of the remarkable opportunity presented by the favourable financial conditions of F1.
    00:00 At risk of missing out
    02:19 Brush with oblivion
    03:14 Struggling on track
    05:18 The real problem
    08:02 Time to decide
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Komentáře • 462

  • @KSCustomweapons
    @KSCustomweapons Před 5 měsíci +860

    How Haas is allowed to keep being the caboose of F1 while a Cadillac backed Andretti venture must beg and plead for entry is beyond me. At a certain point they need to produce a higher quality product.

    • @danked6731
      @danked6731 Před 5 měsíci +58

      They were there in the right time in the right place when the agreement was reached its basic business you are going to protect your investment

    • @kornephoros
      @kornephoros Před 5 měsíci +67

      Haas joined F1 in a time when it wasn't easy to make a team profitable and sticked to it despite the harsh times. Andretti is joining only because now F1 has become a great way for a team to make money and they want a piece of the pie. If they'll be able to prove to the other teams that their entry will create an increase in profits that compensates for the smaller slice of final prizes pie the other team would have to share, then you'll see that F1 will be more than happy to allow them in. Otherwise, they won't.

    • @lewis8552
      @lewis8552 Před 5 měsíci +29

      Haas joined when nobody wanted to join F1 due to the risk of being uncompetitive so they just got in at the right time. Now that F1 is under the budget cap it's made F1 more attractive but also more tight nit as they don't want to share that pie. So Haas is just benefiting from investing in F1 at its lowest.

    • @Zach________
      @Zach________ Před 5 měsíci +17

      Andretti situation has nothing to do with money it’s purely anti Americanism

    • @oIRONITEo
      @oIRONITEo Před 5 měsíci +3

      ​@kornephoros nothing is ever going to convince them of that. This is the teams cutting their nose off to spite their face. No proposal is going to be good enough for them.

  • @christiansimmons630
    @christiansimmons630 Před 5 měsíci +375

    The problem is Gene Haas has always said he only uses the F1 team as a mobile billboard for his brand, it’s not about the “success” it’s about his ROI as effectively a glorified sponsor - that’s the issue
    Sell the team and get out of F1

    • @sadmanh0
      @sadmanh0 Před 5 měsíci +33

      Exactly, it makes much more sense to sell the team to Andretti and become a title sponsor for them instead.

    • @christiansimmons630
      @christiansimmons630 Před 5 měsíci +6

      @@sadmanh0 I think title sponsor a bit too far, Gene isn’t one for spending cash, so I don’t think Haas in the rear wing or side pods but maybe the front wing end flaps? 😂
      But I agree with the rest but there is no way HAAS are worth north of $700m

    • @sadmanh0
      @sadmanh0 Před 5 měsíci +14

      @@christiansimmons630 I think Gene is already spending more money to run Haas than what it costs to be a title sponsor for a back market team.

    • @teamredgutz399
      @teamredgutz399 Před 5 měsíci +2

      Agreed.

    • @christiansimmons630
      @christiansimmons630 Před 5 měsíci

      @@sadmanh0 maybe, but at least with the team he has ultimate control. I just don’t see HAAS becoming a title sponsor, not enough bang for buck for Gene

  • @Miragexe
    @Miragexe Před 5 měsíci +364

    i don't mind the lack of performance from Haas as much as the seemingly lack of ambition and drive to improve.

    • @newsmithyoutube
      @newsmithyoutube Před 5 měsíci +17

      The team seems to be doing it just for the hell of it. Like a workplace you go to just for earning money, not for bringing yourself in and giving 100%.

    • @Miragexe
      @Miragexe Před 5 měsíci +8

      @@newsmithyoutube And it seems to be just that, they are making money so they are happy.
      I mean I don't blame anyone for just doing what they need to do to get paid, especially these days,, but in F1 that is taking up a valuable spot that could be given to an actual exciting team.

    • @lewis8552
      @lewis8552 Před 5 měsíci +16

      Everyone on that team is working their hardest to be the best they can, I don't think the individual employees really lack ambition. Maybe only Gene lacks it but the team overall doesn't, they just need more investment from him or elsewhere.
      What we're seeing with Haas is what a team of 250 employees strong would be doing. When you have teams like Williams who are around 900 employees and have their own facilities, that really shows just how much Haas are missing to really fight.

    • @LimitPro1
      @LimitPro1 Před 5 měsíci

      ​@@lewis8552yeah sure bro sure, Hulk already wants out

    • @sebastianahrens2385
      @sebastianahrens2385 Před 5 měsíci +3

      @@lewis8552 It's far from their first year in F1, and it still doesn't look like they want to invest in a dedicated facility. The guys on location might give it their all, but I get the impression Gene Haas runs this team like a leech. Invest as little as possible and try to make some gains with the end-of-season payout. As long as the team is run like that, no amount of ambition will help them. They will be dead last in 2024 again.

  • @AmsterdamHeavy
    @AmsterdamHeavy Před 5 měsíci +49

    No American thinks of Haas as an "American" team. American in name only and we all know it.

    • @joshlehnertz-dx2ej
      @joshlehnertz-dx2ej Před 5 měsíci +6

      The car had a Russian flag on it at one point. Calling it an American team is a joke at this point.

  • @SultanOfAwesome
    @SultanOfAwesome Před 5 měsíci +64

    Wouldn't miss them

    • @lunalucifer3335
      @lunalucifer3335 Před 5 měsíci +8

      Don't think anyone would mate 😂

    • @mutantgeralt
      @mutantgeralt Před 5 měsíci +5

      IF they go down, Andretti will be right there to pick it up

  • @christopherjames8283
    @christopherjames8283 Před 5 měsíci +84

    If you follow NASCAR, you knew a Gene Haas lead team wouldn’t do well.

    • @jdbb3gotskills
      @jdbb3gotskills Před 5 měsíci +7

      I bet it’s the team atmosphere. If your owner doesn’t care why would you care about competing.

    • @keiton9512
      @keiton9512 Před 5 měsíci +3

      They atleast won a championship with harvick and won a plethora of races.

    • @christopherjames8283
      @christopherjames8283 Před 5 měsíci +10

      @@keiton9512 only after Tony Stewart jumped into the ownership group.

    • @awowadas
      @awowadas Před 5 měsíci

      @@christopherjames8283 are you trying to insinuate harvick only won because Haas brought in a murderer?

    • @camillaquelladegliaggettiv4303
      @camillaquelladegliaggettiv4303 Před 5 měsíci

      ​@@keiton9512it must be said, before Stewart bought in Haas SUCKED in NASCAR

  • @changbeerbeer
    @changbeerbeer Před 5 měsíci +66

    I don’t really understand Haas, why buy a team, pay to compete but not invest enough to be competitive, sell it or get serious about competing, I want to see teams that are in it to win it, trying to improve year on ear, not having what looks like a just maintain type attitude! When there are other interested parties that want to really come to race, it’s becoming slightly annoying to see Haas just trading water!

    • @RoyMatzem
      @RoyMatzem Před 5 měsíci +2

      Adverstising. Same as all others sponsors

    • @df8340
      @df8340 Před 5 měsíci +1

      Haas didn’t buy a team. They started a team from scratch rather than buying a failed team

    • @chrism5433
      @chrism5433 Před 5 měsíci

      Hire different designers or engineering staff ?? Or 1 good designer ??

    • @df8340
      @df8340 Před 5 měsíci +1

      @@chrism5433 I’d assume that’s why they hired RB engineering staff at the end of last year.

    • @chrism5433
      @chrism5433 Před 5 měsíci

      @@df8340 nice .great to hear. Would be nice to see them more competitive.🍺

  • @forgingfire5831
    @forgingfire5831 Před 5 měsíci +10

    Remember when Gunther questioned what value Andretti would bring in to f1 meanwhile his team hasn't finished higher than 8th in the championship since 2018 and people don't even know what Hass is I'm pretty sure Andretti would bring in more value than Hass ever did on top of the fact that GM would be coming in with Andretti bringing even more value with them

  • @mutantgeralt
    @mutantgeralt Před 5 měsíci +80

    I am sure Andretti is rubbing his hands in anticipation. IF Haas goes down, and that is STILL A BIG IF, Andretti will be the first in line to pick it up before Porsche

    • @MrSniperfox29
      @MrSniperfox29 Před 5 měsíci

      Porsche are NEVER going to enter F1 unless they are piggy backing onto another team who will do all the work for them.
      Which is why every deal fell through, because Porsche simply don't want to work for their glory and why they haven't actually been anywhere near successful in F1 for nearly four decades

    • @renatatostada3318
      @renatatostada3318 Před 5 měsíci +2

      Even if Porsche gets first pick, it will get halfway to buying it then back out for some reason or another 😂

    • @deadbeef576
      @deadbeef576 Před 5 měsíci +1

      That would be 3 german automotive teams, while not a single race in Germany itself, would be insane.

    • @RoyMatzem
      @RoyMatzem Před 5 měsíci +1

      That would be a waste of money, since Andretti is Already working to be a new a team herself.
      Porsche would be better for a buy-in

  • @vincelongman3264
    @vincelongman3264 Před 5 měsíci +13

    Frankly, its quite a waste that Haas have a spot yet there seems to be so much resistance to Andretti joining. At least AlphaTauri bring in heaps of junior drivers into the sport

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci

      Simple solution: sell HAAS to Andretti.

    • @vincelongman3264
      @vincelongman3264 Před 5 měsíci

      Even simpler solution: Just let Andretti join regardless.
      Andretti buying HAAS means almost all HAAS employees would lose their jobs. Or Andretti remains the Ferrari B team with no ambition to improve

  • @Fishmanistan
    @Fishmanistan Před 5 měsíci +31

    "It's presence in the paddock is comfortably the most modest of all 11 teams"
    Does Ed know something we don't?

    • @RoyMatzem
      @RoyMatzem Před 5 měsíci +2

      They opened a process for a new team in 2026, 99% certain will be Andretti

    • @Fiidnrnhr
      @Fiidnrnhr Před 5 měsíci +1

      @@RoyMatzemstill doesn’t make sense in this context

    • @AB-gj8re
      @AB-gj8re Před 2 měsíci

      @@RoyMatzemit’s Audi already been confirmed

  • @whassupg89
    @whassupg89 Před 5 měsíci +40

    Unfortunately haas’s main contribution to F1 is a drive to survive main character

    • @parkercrossland410
      @parkercrossland410 Před 5 měsíci

      As someone else mentioned in another comment, at least Alpha Beta Redbull Taurine serves as a proving ground for young drivers. Has won't take on rookies because they have no driver pipeline to pick any of the higher profile youngsters from (and wouldn't be able to keep them anyways) and because the modern version of F1 values puts experience at a premium. They're the Pittsburgh Pirates of F1.
      I like Hulk and Mag as people and I think they both have had careers they should eventually look back upon with satisfaction. But we know who they are at this point. Haas is taking consistently 10-15% below below average on both drivers to avoid 50% below average or crash prone. Hulk or Kmag and Mick again (possibly Felipe Drugovich) would've been my personal preference. I have no idea who the next Haas driver is going to be, since they have no shot at premium talent. Ferrari rental of Oli Bearman if has a great year in F2? There's no path to overperforming, which is how all stinky teams remain somewhat relevant.

  • @LPChipi
    @LPChipi Před 5 měsíci +85

    I think Guenther has to go. He is clearly in above his head. All this time he could hide behind the fact that Haas didn't have any money. But the cost cap has made it evident that even _with_ money he can't manage the team for good results. Having money to develop updates and not exploiting it because you don't know what to develop is criminal in F1.

    • @keiton9512
      @keiton9512 Před 5 měsíci

      Are they even meeting the cost cap?

    • @Blu9ty
      @Blu9ty Před 5 měsíci

      @@keiton9512they are now

    • @AyoSosanya
      @AyoSosanya Před 5 měsíci

      @@keiton9512they are now with new big sponsors

    • @LPChipi
      @LPChipi Před 5 měsíci

      @@keiton9512 Yes, they are.

    • @jkliao6486
      @jkliao6486 Před 5 měsíci +1

      Why would Guenther need to know what the development direction should be? I don't think Toto, Christian, James or Fred know anything about car development or aero work either. Guenther is there to manage the driver in the race, and I think he's done just that.

  • @spaz1734
    @spaz1734 Před 5 měsíci +8

    As an American I do not view haas as an American team, none of the drivers are American, nothing is built or manufactured here, gene haas being American and owning the team is the only thing connecting it to America which to me is silly to think that makes it an American team.

    • @Ragnar707
      @Ragnar707 Před 5 měsíci

      Gene is a sad man - I don't know how he can take himself seriously while he continues to sell and service CNC machines to the Russian war machine. He should sell the team to Andretti.

  • @PH-jv4ik
    @PH-jv4ik Před 5 měsíci +48

    I think most of us can agree that Haas is the team we're least attatched to. I'm not American so i dont give a shit but they dont even feel like a team with an identity would rather an Andretti with thier all American speil than Haas.

    • @sweetssandbox3526
      @sweetssandbox3526 Před 5 měsíci +22

      I AM an American F1 fan and couldn’t possibly care less about Haas. They mean nothing to us, no history and no connection to American Motorsport or culture. Especially with the Mazepin saga I totally lost all interest in them… they were a Russian team during that in my opinion

    • @chaselandry2962
      @chaselandry2962 Před 5 měsíci +9

      Hass is American in a shell corporation, international conglomerate, tax evasion way. Steiner is entertaining but is is a foreign team with foreign drivers.
      Andretti is American in a hot dog and country music way.

    • @Manlikerik8
      @Manlikerik8 Před 5 měsíci +3

      I like haas because of the 2019 rich energy debacle but that’s about it

    • @romero1337
      @romero1337 Před 5 měsíci +5

      As an American F1 fan I could put up with it being a american-in-name only team but the second they put the russian flag on it killed any enthusiasm. Let Andretti and Cadillac come into F1.

    • @GrownUpKid94
      @GrownUpKid94 Před 5 měsíci +3

      Dude I am American and haas is not the reason I’m a fan of the sport

  • @derkonigk4011
    @derkonigk4011 Před 5 měsíci +49

    I love how Steiner always rambles on about how they're doing so much and how they're working on updates and it doesn't help. Like Sir, you are the manager of all that and have been for quite some time now. You failed to make the right investments, be it personnel, facilities or different areas of technical research for improving the car. He is so quick to cuss out anyone around him, while in all reality, he had the power to make the right changes and failed to do so.

    • @bimapriambada1098
      @bimapriambada1098 Před 5 měsíci +1

      Agreed, maybe Haas needs to bring Cheryl back to F1 instead of keeping Steiner imo. Both have similar ability about moaning a lot in the media but at least Cheryl got podium finish

    • @EchoMirage72
      @EchoMirage72 Před 5 měsíci

      This.

    • @Aman-ti4qu
      @Aman-ti4qu Před 5 měsíci

      Mate I don’t think you’re aware about Steiner’s credentials and lengths he has gone to even get the team running. Haas is the only operation of its kind, and they need a good amount of investment over time to get some stability. All Gene has done is join the project. Guenther literally birthed the team into existence, and they didn’t have the benefit of buying out another team’s operations. Let them settle and gain some investment. Guenther can get a job on team on the grid

    • @EchoMirage72
      @EchoMirage72 Před 5 měsíci +3

      @@Aman-ti4qu Who cares who birthed the project. If any other corporation had terrible results for 4 or more years in a row, they'd get rid of the person at the top.

    • @Aman-ti4qu
      @Aman-ti4qu Před 5 měsíci

      @@EchoMirage72 Like I said, what a way tell you don’t know how the teams work. Haas is a startup, they started from scratch. In that analogy, the other teams would be legacy corporations that have existed on the grid in various forms. Add to that, no funding for 2020 and almost none for 2019. Building the entire operation from the ground up, instead of buying an existing team’s operation. Which means picking employees individually, starting new facilities etc. And the owner meanwhile has a no interest in making the team better, instead just wants to stay in F1 with as little investment as possible. And you can see how a startup would struggle

  • @agonzo626
    @agonzo626 Před 5 měsíci

    I think they should have a manufacturer or race team come in to invest/ part own the team and they can remain majority owners for name/ brand wise will the racing improves.

  • @freddiefreihofer7716
    @freddiefreihofer7716 Před 5 měsíci +4

    Haas, the graveyard of F1 careers. But some team has to be Constructor's P10, right? BTW, Mick Schumacher 2022 two points finishes, P6 and P8. Nico Hülkenberg 2023 one points finish, P7. Not saying bring back Mick, just stating an interesting fact.

    • @deadbeef576
      @deadbeef576 Před 5 měsíci +5

      Mick would have made more points if he wasnt sabotaged by midseason.
      Steiner said it himself that they already decided his fate in the middle of the season, but only told him very late in the season. Guy didnt even have time to ask other teams for a seat. It does explain the strange strategies they gave him in the later half of the season.

    • @quigglyz
      @quigglyz Před 5 měsíci +1

      DTS made people think Gunther is a funny character. He’s not. He’s an incompetent Team Principal. Binotto was fired for far less than what Gunther has done.

  • @aimanfitri0iv
    @aimanfitri0iv Před 5 měsíci +7

    this is getting huge risk 😮

  • @bbbenj
    @bbbenj Před 5 měsíci

    Thanks 👍

  • @christopherodonoghue3858
    @christopherodonoghue3858 Před 5 měsíci +36

    If their not going to invest now then they may as well sell to Andretti.

    • @goodputin4324
      @goodputin4324 Před 5 měsíci

      *they're, not their

    • @RoyMatzem
      @RoyMatzem Před 5 měsíci

      Andretti its already building their team

  • @BlazinHunter
    @BlazinHunter Před 5 měsíci +4

    I can't wait for Gene to simply call it quits and sells the team. The problem isn't the lack of performance compaired to the other teams, it's the lack of ambition to improve. This is Formula 1, the pinnacle of motorsport. When you've got teams such as Andretti being turned away multiple times because their bid to enter isn't "enough" but here we have Haas who's purposely tanked their 2021 season and hardly gotten better the following year, Haas should just sell and move on.

    • @aslamnurfikri7640
      @aslamnurfikri7640 Před 5 měsíci

      I have more faith in Williams than in Haas

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci

      Yep. Sell it to Andretti and be done with it.

  • @teamredgutz399
    @teamredgutz399 Před 5 měsíci +4

    It’s really something that Haas can spend virtually no money on its team with a skeleton crew basically running a Frankenstein car with little to no investment coming in last and draw no scrutiny from F1 and the teams but they howl with protest at a real works team like Andretti Cadillac, which is building a giant factory in the US, has substantial financial backing annual in a few years feature a PU made by General Motors and which will indisputably act a large number of additional American fans, because it will be a real American team, with a huge presence based in this country, with at least one American driver, and all of these, American employees and actual parts.
    I suppose it’s because the Haas team is no threat to the other Formula One teams in in terms of a sporting challenge. Whereas Andretti Cadillac might be if given some time. And of course because the Andretti team would be a real American team and not a European team masquerading as an American team because it has an American owner, who invests as little as possible like Haas.

  • @smartawesome376
    @smartawesome376 Před 5 měsíci +2

    I'm a Haas fan (yes we exist), but even I have to admit the team did terrible this year. 2022 they were looking up from the 2021 thing, but this year it's just gone right back down

    • @BoyeeSmudger
      @BoyeeSmudger Před 5 měsíci

      Haas bring a little bit of old f1 with being small and plucky. The sponsorship deals are classic already. Guenther is also hilarious, Eddie Jordan but less annoying...!

    • @markwilliams1941
      @markwilliams1941 Před 5 měsíci

      😂

    • @T_Mo271
      @T_Mo271 Před 5 měsíci

      It's more and more difficult to support Haas, they disappoint regularly and don't really seem to care about it.

  • @TheAventadorSV
    @TheAventadorSV Před 5 měsíci +2

    Please just get rid of Haas and steiner and let andretti-cadillac take their place.

  • @roeldh2
    @roeldh2 Před 5 měsíci +3

    Small mistake 9th lowest would be mercedes. It is second lowest or the 9th team.

  • @purple4395
    @purple4395 Před 5 měsíci +5

    I want more teams in F1 by all means, but I also wouldnt miss Steiner and his bullshit.

  • @ChristianrnstrupRasmussen
    @ChristianrnstrupRasmussen Před 5 měsíci

    I don’t get that graph, are all teams slower than benchmark and what is benchmark in this context?

  • @Elizabeth-vh6il
    @Elizabeth-vh6il Před 5 měsíci +1

    I don't think Ferrari are the limiting factor here, since it's not like Haas has finished anywhere near close to the Ferrari works team in the championship.

  • @arnoldmbuthia2687
    @arnoldmbuthia2687 Před 5 měsíci +3

    I didn't know Chipotle sponsored Haas.

    • @deadbeef576
      @deadbeef576 Před 5 měsíci

      Maybe Taco Bell should sponsor them
      Then the drivers would be driving faster to get on the toilet as soon as possible

  • @coreytrevor3910
    @coreytrevor3910 Před 5 měsíci

    The problem is that its hard to pinpoint the bigger problem. Is it the race team? Driver skill, crew skill? Or is it a engineer problem? Bad R&D, bad upgrades or lack there of? F1 is a still a sport where you can throw money at a problem but you need to throw it at a problem you can solve. Are faster drivers a way to overcome short comings of the car or will it be better spent on R&D? Can they even afford a higher tier of drivers? If they start small and attack the problems they know best they they can maybe fight for best of the bottom 4. They have flashes of great race weekends but it seems more luck than proper planning.

  • @Shapershift
    @Shapershift Před 5 měsíci +5

    Gene selling the team would be better for everyone.

    • @FurryestX
      @FurryestX Před 5 měsíci

      Worse for the Spectacle, because we would still have 20 cars instead of 22
      MotoGP/2/3/E, WEC, GTWC, SuperGT, SuperFormula, TCR, ETRC, NASCAR, Indycar, SBK
      All other racing series have more than 20 vehicles, and F1 Is the one with least
      And NGL, MotoGP/2/3, WEC and SBK was more exciting than F1 this season

    • @apophisstr6719
      @apophisstr6719 Před 5 měsíci

      Not quite, unlike those 3 garbage teams from 2010, Haas still had its clear value as an underdog that could occasionally provides impressive punches against the better teams on the grid.

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci

      Yes. Selling to Andretti would keep everyone happy.

  • @aneeshmenon3379
    @aneeshmenon3379 Před 5 měsíci +1

    Haas isnt a serious organization. 100% certain gene is happy to be net positive & finish last & sell when this is no longer true.
    F1 needs to demand that every team sprnd a minimum of 130mil

  • @marjoh669
    @marjoh669 Před 5 měsíci +7

    Moderate hot take: I don’t mind a small team like Haas. I love a good underdog and would be more than happy to bring back Manor or something similar

    • @fulcrum2168
      @fulcrum2168 Před 5 měsíci

      They used to be Marussia weren't they?

    • @cordaveast
      @cordaveast Před 5 měsíci

      @@fulcrum2168No, Haas was a brand new entry.

    • @DeathBlocks
      @DeathBlocks Před 5 měsíci

      I think back in like 2016 - 2018 and part of 2019 they were liked as an underdog team who put in some good performances (If they didn't screw up putting wheels on in Australia they would have been 4th in 2018) but since then they give of the impression of a team who just shows up and doesn't try 100%.
      I don't think you can say that about the team as a whole, but just like Alpine they don't particularly feel like they are trying. Whether that is down to Gene or Guenther needing to do a better job of presenting the team or just a general consensus that is being repeated by fans because other people say so doesn't matter, they lost the scrappy underdog image. I think it could be something with how it seemed like they were the only people in the entire F1 world who fell for Rich Energy when everybody could see that was a dumb move, then writing off 2021 only to be meh in 2022 and years of looking like they kind of give up after the initial car is designed.

  • @123pa1n
    @123pa1n Před 5 měsíci +1

    Its always the same, doesnt matter if its f1 or esports. If you have a buyin requirement and no sort fo relegation like in football the system is screwed.

    • @DeathBlocks
      @DeathBlocks Před 5 měsíci

      It is a bit hard to do relegation when unlike something like football where you can use the exact same things to compete in the lower league F1 to F2 for example would require an overhaul of infrastructure.

    • @123pa1n
      @123pa1n Před 5 měsíci

      @@DeathBlocks yeah ofc since theyre hardly compatible, but still i think there are bitter options then just buy a team and sit there and do whatever you want

  • @KillZoneHart1
    @KillZoneHart1 Před 5 měsíci +2

    Haas really should sell up quick. The value is only going to drop following Redbull domination until 2026. They're not climbing the grid order, let's face it. They forever mid.

  • @banovsky
    @banovsky Před 5 měsíci +1

    Sergio Perez has more points *this year* than HAAS has scored *in every race since 2016*. Sell the team or get better people, HAAS is a joke.

  • @jimm4867
    @jimm4867 Před 5 měsíci +6

    7:37 All 11 teams? Did I miss some big news about Andretti?

    • @RoyMatzem
      @RoyMatzem Před 5 měsíci

      Andretti is on F1 already. Or you think they gonna choose Panthera F1 or Hitech gp?

  • @SilverScarletSpider
    @SilverScarletSpider Před 5 měsíci +3

    haas is a liability that is an embarrassment to F1

  • @Jrh-rp7np
    @Jrh-rp7np Před 5 měsíci +10

    Guenther has to go man with the cost cap he has zero excuses.,, and we’ve seen teams can make huge gains in a short time the last few years,, Aston Martin,, McLaren,, hell even Williams to an extent… If I was in marketing and my company wanted to sponsor a car and my only choice was Williams or Haas I’m going Williams you believe in the team or at least James Vowles makes you believe it’s not a dog and pony show like Haas

  • @AttilatheThrilla
    @AttilatheThrilla Před 5 měsíci +2

    They should’ve fired Gunter years ago.. The guy is entertaining but seems like behind the scenes he can’t excel the team at all..

  • @frankbieser
    @frankbieser Před 5 měsíci +2

    Seems pretty clear that all the team's valuations are grossly inflated. I feel sorry for the suckers that will get left holding the bag when reality sets in.

    • @mrgalaxy396
      @mrgalaxy396 Před 5 měsíci

      They're based on the assumption F1 will keep growing, but it already feels like F1 peaked this year and is riding off the old 2021 and early 2022 excitement. If next year RB is dominant again, a lot of interest will be lost in the series and that will hurt its commercial appeal.

    • @frankbieser
      @frankbieser Před 5 měsíci

      @@mrgalaxy396 Yes, but there's more to it than just the per season performance. Every sport sees highs and lows with fan involvement, and motorsports sees it more than any other sport. Also, the financial environment is not conducive to long term value of the sport. Dorilton and other investment houses that own these teams are looking for an ROI. They are not doing this for the love of the sport (the traditional players who were willing to lose money to play). I expect to see a number of teams start trying to sell off in the next couple of years, and when that happens, those valuations will drop... a lot.

  • @PenryMMJ
    @PenryMMJ Před 5 měsíci +2

    I can't see Gene Haas making a significantly bigger investment. He wouldn't gain anything from it. They probably need a big name title sponsor, but they had their fingers burnt with the Ural-Kali deal, so they're going to be nervous about that, and of course why would a big name sponsor want to be at the back of the grid, unless they can see a way for the team to move forwards. And it is possible for that to happen, it has with Williams.
    A lot of people are speculating about Andretti buying the team. It would be great to have Andretti in F1, but I don't think they would consider buying Haas unless there was no other way for them to get on the grid.

    • @mrgalaxy396
      @mrgalaxy396 Před 5 měsíci +1

      Andretti already tried buying out Sauber in 2021. They were close, but the deal fell through because they basically wanted to fire most of the current staff and move all the facilities to the US, which the owner wasn't on board with. Haas wouldn't sell to Andretti because they're rivals in other US motorsports series and what they get in promoting the parent company by being in F1 is much more valuable than getting a one time payment from Andretti.

    • @T_Mo271
      @T_Mo271 Před 5 měsíci

      Bring back Rich Energy. Now that was a sponsor.

  • @Fdaniell1
    @Fdaniell1 Před 5 měsíci +1

    F1 should solve two problems with one action: force Haas to sell its place in the championship to Andretti. Gene Haas has demonstrated he clearly doesn't want to be here and will not spend the money necessary to be competitive. Haas has no infrastructure worth having for Andretti, so the price should be what Haas paid in the first place. I know it can't happen but we can always hope!

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci

      Agree entirely. US fans are complaining about F1 stopping Andretti, but they already have a US team on the grid that doesn't seem to care. Simple solution...

  • @SamiKhan-hn3uk
    @SamiKhan-hn3uk Před 5 měsíci +8

    I find it appalling that Forbes would value Williams as the lowest👎🏽
    The team has more history, legacy and prestige in Formula 1 compared to AlphaTauri, Sauber and Haas, and in my opinion should be valued closer to $1b🙌🏽

    • @oIRONITEo
      @oIRONITEo Před 5 měsíci +3

      It's about what they have in assets like facilities, and what they have isn't that valuable compared to other teams.

    • @Hydraav2
      @Hydraav2 Před 5 měsíci +5

      But it’s a valuation, not a heritage contest. And Williams have admitted themselves that their facilities are sometimes up to 20 years out of date compared to other teams. As long as Dorilton continues to pump money into it, i’m sure it will be worth more in a couple years.

    • @SamiKhan-hn3uk
      @SamiKhan-hn3uk Před 5 měsíci +1

      @@Hydraav2 if you’re telling me the Ferrari name doesn’t add weight to its valuation then there’s unfortunately something wrong with you buddy🫣

    • @teamredgutz399
      @teamredgutz399 Před 5 měsíci +1

      I agree I have I don’t understand that
      Williams is a real team not a Frankenstein team cobbled together from the skeleton crew

    • @SamiKhan-hn3uk
      @SamiKhan-hn3uk Před 5 měsíci

      @@oIRONITEo Red Bull has a 75 year old (if I’m not mistaken) wind tunnel with wooden blades and AlphaTauri with an old 50% scale wind tunnel which as far as I know that would be considered out of date AF but hey the names doesn’t add much weight must be Helmut Marko then🤔

  • @walover165
    @walover165 Před 5 měsíci +1

    Never forget that these geniuses thought the best way to proceed was to direct all resources to the 22 car. To do so, they took the hellishly unstable 20 car, gave it a few minor tweaks to make it compliant with the rules for 21, then put two ROOKIES in it and had the audacity to be offended when they struggled. And don't forget, Steiner GENUINELY believe that both drivers should have immediately turned into hardened veterans from that experience! Oh, and that 22 car they poured all their resources into? It was ok-quick for one or two races then went backwards. Then they brought only ONE update all year, which was crap. And no, smart-arses, that had nothing to do with Mick crashing. But did you notice that the Haas is the ONLY car in the last few years to break in two? And Monaco wasn't even that hard an impact. Meanwhile these jokers are out here doing 4+ sec pitstops and strategy shambles. Steiner fires Schumacher, and then both drivers in 23 barely manage to score the same number of points Mick did, and the car is WORSE! Any other team that boss is getting fired, and Steiner knows it.

  • @continentalrcinglg
    @continentalrcinglg Před 5 měsíci

    1:03 - "That makes it the ninth-lowest valued team, behind only Williams."
    Wouldn't that be ninth-*highest*? Or *second*-lowest?

  • @Fdaniell1
    @Fdaniell1 Před 5 měsíci +1

    In a franchise model the other teams have the ability to vote to force a sale of a team. Would love to see F1 force Haas to sell. Without their supply contracts the value must be a pittance.

    • @joehynes2964
      @joehynes2964 Před 5 měsíci

      Why would you vote to have a bad team sold off to a new owner that would make it more competitive (eating into future prize winnings)?

  • @seen48
    @seen48 Před 5 měsíci

    With the cost cap in place for a few years now, the year they had in 2018 with no cost cap, it boggles my mind that they have not climbed the standings. Alfa Romeo were horrible this year and still beat Haas. With Andretti wanting it, should Haas sell to Andretti or does Andretti go to Red Bull and ask to buy Alpha-Tauri. I think those are the best routes for them to get in, seems as if the teams to not want to add an 11th team.

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci +1

      Yeah, Gene has really isn't interested in seeing the team improve. Why would he? He's doing the bare minimum and the value of the team is still increasing. Should sell to Andretti and be done with it.

  • @Princess_kitty14
    @Princess_kitty14 Před 5 měsíci +1

    Not to throw shade at HAAS but they wouldn't make it to F1 today, and they'd have even less opportunities than Andretti right now. Don't know how or why they're still around TBH

  • @MSportsEngineering
    @MSportsEngineering Před 5 měsíci +2

    Haas has great management if you dont think about it!

  • @bradleyschmidt9521
    @bradleyschmidt9521 Před 5 měsíci +2

    If Gene can see the value of the team grow while doing the bare minimum, why would he care if the team does well or not?

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci

      Yes, exactly my thoughts. He's having a laugh - all the way to the bank. Should sell to Andretti.

    • @bradleyschmidt9521
      @bradleyschmidt9521 Před 5 měsíci

      @@bertjilk3456My guess is he has a number in mind and is waiting for an offer.

  • @davidnoels2586
    @davidnoels2586 Před 5 měsíci

    love these stories

  • @user-dc1ct3pq1k
    @user-dc1ct3pq1k Před 5 měsíci

    Haas needs a new aero package .. or aero engineer.. or both.. I can personally see multiple aero errors that are causing poor lap times..

  • @maverickstclare3756
    @maverickstclare3756 Před 5 měsíci

    thanks for the washing line full of dollar bills, that really helped

  • @blze0018
    @blze0018 Před 5 měsíci +1

    Gene Haas doesn't give a shit about racing. This is an advertisement exercise and his lack of funding the project proves it. The only reason his team has had success in NASCAR is because Tony Stewart actually cares about racing, otherwise it'd be last there too.

    • @T_Mo271
      @T_Mo271 Před 5 měsíci

      I'd like to see Tony Stewart take an active hand with the F1 team. Now that would be a good show.

  • @jonlamontagne
    @jonlamontagne Před 5 měsíci

    Gene did the same exact thing in NASCAR for over a decade and it wasn't until he brought in Tony Stewart for a 50-50 partnership that he started spending money and the R&D took off and they actually won championships. It's crazy is Red Bull tried to go to NASCAR and fails and Haas's coming from Nascar to F1 and failing for the same exact reason you can't just throw money at an issue and think it'll fix it you have to actually fix it mother mentioned actually have a staff and good drivers. I don't want to say the bottom of the line talent wise but they just don't have enough Talent there to succeed or progress quickly.

  • @RS-lq6zm
    @RS-lq6zm Před 5 měsíci

    1:02 9th highest, ahead of Williams or 2nd lowest, behind Williams. 9th lowest would be Mercedes.

  • @kevinhogg9494
    @kevinhogg9494 Před 5 měsíci +1

    Should be a relegation system to push teams forward
    HAAS is happy in last place with no chance of losing a privileged position in F1

  • @RogierVoet
    @RogierVoet Před 5 měsíci +2

    Haas is a crap team, with poor team boss
    Has not been able to upgrade their car succesfully in the past 5 years and also had poor strategy, slow pitstops in the past years so it's a mystery why they are still around

  • @billygoat520
    @billygoat520 Před 5 měsíci +2

    I have the idea that Haas is not really a racing enthusiast and it is not even an expensive hobby of a rich man, but an advertising medium. However I don't know what his business does, is it making part for heavy industry or something.

    • @quigglyz
      @quigglyz Před 5 měsíci

      If their F1 efforts are anything to go on, Haas sells discount garbage made by blind clowns. I don’t see how this is a good advertising medium for them.

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci

      Advertising and the value of the team is rising, so he's holding on to sell at the right time. You're right, having a team like that is bad for the sport. It would be better for everyone if it was sold to Andretti.

  • @svendtveskg5719
    @svendtveskg5719 Před 3 měsíci

    I think it's appauling not to allow Andretti to be the 11. team! There's room for twelve teams, strictly by the rulebook, and I can see, why many - especially american - fans are upset about that. But I don't think it's quite fair to let the steam off on Haas, they're in F1, they managed to continue when times were rough and they have every right to stay. Frankly, I think it's refreshing, that you can still make a "kit-car" and go F1 racing, but as I said, it's very unfair to keep Andretti out.

  • @jacobtaylor5561
    @jacobtaylor5561 Před 5 měsíci +2

    Just remember no Haas team driver has ever been promoted to a better team

  • @WRXMAN-ms2mm
    @WRXMAN-ms2mm Před 5 měsíci

    Haas apparently is an entry whose goal is to just race, to participate and not podium consistently it would appear. It must be a touch demoralizing for the drivers who are consistently lapped and must languish at the end of the field on race day. All drivers want to compete for the podium. It’s the whole reason to race.

    • @T_Mo271
      @T_Mo271 Před 5 měsíci

      The drivers still get to drive an F1 car that's within a second or two of the top end of the field. By itself, given how fast even a bad F1 car is, that must be quite a rush.

  • @johndansby3620
    @johndansby3620 Před 5 měsíci

    Safe to say that as all the other F1 teams scramble to adjust to the accelerated need to improve in aero ground effects…
    Haas F1 peddles ROI and straight line speed….while Andretti Motorsports with a proper and proud American racing
    pedigree struggles mightily to enter the F1 racing foray…strange indeed are these prosperous times of F1!

    • @bogdanrus9402
      @bogdanrus9402 Před 5 měsíci

      10 years ago people thought F1 will go bankrupt. Nobody wanted in, even those that were in it were threatening to quit. Where was Andretti then? Gene Haas invested in the sport when it was in the shits. Now that the money is pouring into the sport Andretti and the other cunts show up and bitch about not being allowed in. Where were they when the sport needed them?

  • @JLewisRacing927
    @JLewisRacing927 Před 5 měsíci +2

    The sole issue is Gene imo.

  • @red4666
    @red4666 Před 4 měsíci

    they have an avocado for a car loll

  • @faizrbn8818
    @faizrbn8818 Před 5 měsíci

    Back to 2016 when Haas join to F1 for the first time as a brand new F1 team. I have question, why they built a new team from zero and why they don't buy a previous team like Caterham for savings money to development new team?

    • @RoyMatzem
      @RoyMatzem Před 5 měsíci +1

      Because their whole strategy were use the maximum same parts as Ferrari to make a lean and easy to manage team.
      Is this specific case buy Caterham would been more costly

  • @user-ev3vk5lm9w
    @user-ev3vk5lm9w Před 5 měsíci

    I agree with Haas getting the boot and letting Andrett team in. It’s still an American team to keep the American dollars coming in and would be more competitive

  • @elzonn
    @elzonn Před 5 měsíci

    A team in the sport for what exactly? Kills me that you had other teams saying weve already got an American team. When hass have no ambitions to change.

  • @Gizfreek
    @Gizfreek Před 5 měsíci

    There will always be slow teams in F1 but there is no point in having teams that are slow and don't care, especially when there are brands fighting for a spot in F1, I'd rather have Andretti-GM in the championship.

  • @AdastraRecordings
    @AdastraRecordings Před 5 měsíci

    The optics of this are awful considering the veracity of the Andretti bid, put up or get out.

  • @alexpeak16
    @alexpeak16 Před 5 měsíci

    When both your F1 team and Cup Series teams are struggling as badly as they are, you need to move on and overhaul your management. Other than taking on Ollie Bearman (potentially for a 2025 seat), I can't see them being relevant for much longer.

  • @NewGuysTech
    @NewGuysTech Před 5 měsíci +1

    Haas just needs to sell the team to Andretti, that is the best solution

  • @kuglepen64
    @kuglepen64 Před 5 měsíci +6

    Good drivers wasted away race after race, season after season. Gene should sell it to someone who is more ambitious and involved.

  • @ma7mgte
    @ma7mgte Před 5 měsíci +1

    As an American, I vote for swapping in the Andretti team for Haas. It's a shame that billionaire Gene Haas hasn't gotten serious about investing in his team.

    • @bertjilk3456
      @bertjilk3456 Před 5 měsíci

      Agreed. With all the discussions about accepting Andretti, you have HAAS who's just happy doing the bare minimum. Selling to Andretti would be good for everyone.

  • @johnmadden7101
    @johnmadden7101 Před 5 měsíci

    Hass should sell or partner with Andretti. Give someone who wants to win a chance. It's embarrassing, especially for drivers.

  • @Spankster.
    @Spankster. Před 5 měsíci

    Haas should sell to Andretti. They could sell the team for a profit right now. Plus, Haas is not really embraced in America as “America’s team”. I think Andretti/Cadillac would do a much better job of giving the new American audience a team to latch on to.

  • @joshlehnertz-dx2ej
    @joshlehnertz-dx2ej Před 5 měsíci

    7:44 I’m gonna say something controversial. F1 wants to control cost….cut the traveling facilities. Get rid of the sensors and all the real time data. 90% of the terrible racing is caused by the “racing” being done off the race track.

  • @lyleclarke619
    @lyleclarke619 Před 5 měsíci

    So I've been debating making my 2024 bold prediction "Haas is sold" and now I'm far more tempted with videos like this circulating...

  • @chubbydiddy7522
    @chubbydiddy7522 Před 5 měsíci +1

    Haas needs to appeal more to the American public

  • @Mat.Carvalho
    @Mat.Carvalho Před 5 měsíci +1

    They're fine being mediocre. They should just sell it.

  • @philipbray880
    @philipbray880 Před 5 měsíci +1

    Do feel for Haas fans, if they have any left. They give me sort of Minardi/Modena vibes sadly.

    • @aslamnurfikri7640
      @aslamnurfikri7640 Před 5 měsíci

      Nah Minardi was loved by the fans while Haas isn't

    • @philipbray880
      @philipbray880 Před 5 měsíci

      When Fernando made his debut with them their popularity rose when they realised how good he was...

  • @obscuraapit
    @obscuraapit Před 5 měsíci

    HAAS should sell their team to Andretti bcz they just aren't trying to compete or better invest despite the cost cap which is extremely unfair to bigger team.

  • @maxmagnus3793
    @maxmagnus3793 Před 5 měsíci

    I feel like Steiner's leadership is starting to be called into question. Coming in dead last is not a great look. Seems a bit like all that Drive to Survive publicity stuff is distracting the man

  • @jimiverson3085
    @jimiverson3085 Před 5 měsíci +1

    F1 clearly needs team relegation to ensure back markers get with the program or sell to more serious competitors.

    • @ericjrparent
      @ericjrparent Před 5 měsíci

      Why do people even suggest relegation in f1?

    • @jimiverson3085
      @jimiverson3085 Před 5 měsíci +1

      @@ericjrparent
      Because there have been teams just taking up grid spots without adding anything. In the past, those teams failed to open the spots. But in the current calcified F1 structure that isn't happening and those teams just clutter the field, like Haas has been doing.

    • @RoyMatzem
      @RoyMatzem Před 5 měsíci

      ​@@ericjrparentbeulcause that would be aewsome to watch.
      Probably unrealistic since the car is developed an year prior, but definitly more intersting

  • @samudrasyarif6828
    @samudrasyarif6828 Před 5 měsíci

    William just 1 update better than 3 year accumulation Haas update LOL

  • @davidbennettracing538
    @davidbennettracing538 Před 5 měsíci

    Steiner and the senior technical staff except Simone diResta need to go.
    They’re simply not good enough.

  • @ashen_99_sparkplug
    @ashen_99_sparkplug Před 5 měsíci

    Makes sense why Christrian and Adrian fired gunther from red bull in 2006

  • @dantheracer99
    @dantheracer99 Před 5 měsíci

    Haas is easily the most infuriating team on the grid and easily has the least ambition (now that Sauber is being taken over by Audi). Gene Haas is easily one of the richest men in the world yet his unwillingness to invest in his own team has definitely hurt them in the long run. Unpopular opinion but the way they treat their drivers and will only stubbornly go for experience rather than youth is probably holding back them too. Also don't think Steiner is the man to lead them forward if they want a crumb of sucesss.

  • @512TexasRed
    @512TexasRed Před 5 měsíci +1

    Haas is the Oakland A's of F1.

    • @freddiefreihofer7716
      @freddiefreihofer7716 Před 5 měsíci

      Except that the A's had some very good years with their Billy Ball!

  • @Jt7166
    @Jt7166 Před 5 měsíci

    All of Gene Haas’s racing programs have gone straight down hill the last few years. They are rolling advertisements for Genes businesses. Nothing more. There is no desire to truly compete, either in F1 or NASCAR.

  • @dankmcdankface
    @dankmcdankface Před 5 měsíci

    Is there any update on the rumour about Alfa Romeo potentially moving their title sponsorship to Haas as it is the only other team (aside from Sauber but the Audi-ownership has put an end to that) running Ferrari power units?

    • @papagb1127
      @papagb1127 Před 5 měsíci +3

      Alfa romeo switching to wec hypercar class. They done with f1

  • @DampNoodles
    @DampNoodles Před 5 měsíci

    Haas needs to get it together or get out of the way for andretti or LITERALLY ANYONE ELSE. Lewis sored more points this year, than haas has scored in like 8 years??? Their biggest accomplishment is 1 pole position. Every year, its "next year will be better" and then they do the exact same thing. Race after race, season after season. It honestly feels like they dont care. It makes kt even worse when you see tesms like Williams. Where you can see the passion and drive in everyone, and they've used that to claw out of the whole their in. Haas seems perfectly content in their cozy little hole in last place.

    • @deadbeef576
      @deadbeef576 Před 5 měsíci

      And the pole position was not on merit, but a fluke. If they didnt red flagged it, he would have finished with P10

  • @bogdanrus9402
    @bogdanrus9402 Před 5 měsíci

    Imo major change is needed at Haas. Their only good season in F1 was 2018, when they basically ran the 2017 Ferrari. Inhouse they never built a decent F1 car. Steiner and his bullshit have to go, they need to get closer to Ferrari, strenghten their alliance with them and invest in the engineering/aero team. They cant build good racecars, that's the team's biggest problem. 8 years of racing and in the 7 they built the cars by themselves they were shitboxes.

  • @GreenHornet553
    @GreenHornet553 Před 5 měsíci

    As long as Guenther Steiner runs day to day operations for Haas, the team will stay at the bottom.

  • @quigglyz
    @quigglyz Před 5 měsíci

    They desperately need to fire Gunther and get someone competent in there 🙄 It’s not even that hard.

  • @user-wn2xx6sp3o
    @user-wn2xx6sp3o Před 5 měsíci

    I still don’t fully understand why f1 is making it so hard for Andretti to enter f1

  • @jamesmack3122
    @jamesmack3122 Před 5 měsíci

    Toto likes to call F1 a meritocracy, but Haas is clearly there for the socialism
    While Porsche & Cadillac sit on the sidelines and implementing a relegation system isn’t technically feasible between F1, F2 and F3 the sport clearly needs larger disincentives for multiple tenth place finishes that ramp up pressure to invest on a competitive car or clear the path for a more competitive focused entry

  • @Chip_in
    @Chip_in Před 5 měsíci

    Haas have been under achieving because of lack of investment but there's no shortage of investment in F1...sounds about right ⛳