bigbadbrother
01-26-2014, 02:47 AM
Bernie Ecclestone does not think multi-millionaire NASCAR team owner Gene Haas can afford to enter Formula 1 in 2015.
Haas, with an estimated net worth of $740 million, announced recently that he has responded to the FIA’s ‘call for expressions of interest’ in filling the vacant slot in pit lane.
Haas co-owns the NASCAR team Stewart-Haas Racing and heads one of the best wind tunnels in the world. According to Auto Motor und Sport, he would start in Formula 1 with a healthy three-digit million budget.
But Formula 1 chief executive Ecclestone told Racer he thinks it is “most unlikely” Haas will enter Formula 1 because of the sport’s huge costs.
“They (Haas) have been talking about it for three years,” Formula 1 business journalist Caroline Reid quoted Ecclestone as saying. “Somebody can have 10 billion in the bank but it doesn’t mean they are going to spend it.”
Haas, with an estimated net worth of $740 million, announced recently that he has responded to the FIA’s ‘call for expressions of interest’ in filling the vacant slot in pit lane.
Haas co-owns the NASCAR team Stewart-Haas Racing and heads one of the best wind tunnels in the world. According to Auto Motor und Sport, he would start in Formula 1 with a healthy three-digit million budget.
But Formula 1 chief executive Ecclestone told Racer he thinks it is “most unlikely” Haas will enter Formula 1 because of the sport’s huge costs.
“They (Haas) have been talking about it for three years,” Formula 1 business journalist Caroline Reid quoted Ecclestone as saying. “Somebody can have 10 billion in the bank but it doesn’t mean they are going to spend it.”