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Steiner reveals new Concorde Agreement has confirmed Haas' F1 future

  • Published on 26 Aug 2020 15:03
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  • By: Coilin Higgins

Haas team principal Guenther Steiner has confirmed team owner Gene Haas has decided to continue in F1, despite recent rumours that the team may leave after next season.

It was recently revealed that all ten teams had signed on the new Concorde Agreement, which will run until the end of 2025, with Steiner noting the promise of a more level playing field and better revenue for teams has persuaded the American to stay in F1.

"Gene looked at it and Formula 1’s still a very good tool for getting his brand name, Haas Automation, out in the world. It works – otherwise, he wouldn’t be doing it," Steiner said in a recent preview on the upcoming Belgian Grand Prix on the team's website.

“He loves the sport as well. Even if it is a big financial commitment, with the new regulations coming in, it should make the playing field more even and the commercial aspects better for the smaller teams – so as a result, he has decided to continue.

For me, it means – even at the moment when we’re not running competitively, we’ve got a Formula 1 team which works, and that’s more down to the team than to me.

"I’m part of the team though, we all work together, and in the end, Gene believes in the team. Everybody is, for sure, happy to be moving forward now with the agreement signed.

“The budget cap should level the playing field, it will level the playing field – just maybe not in the first year, but in the mid-term for sure.

“The payments, to make it more equal, will also mean the smaller teams get a little more revenue. It’s never enough for the small teams by the way, but it levels the field and that should be the aim of a sport – any day, anybody can win.

“It’ll take a while until that happens but for Formula One it’s a big step in the right direction. Times change and I think Liberty did a great job in adapting to those times and making changes when it was needed. It was needed a few years ago, but it’s better late than never,”

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SELECT k0_.KeywordId AS KeywordId_0, k0_.Keyword AS Keyword_1, k0_.RewriteUrl AS RewriteUrl_2, k0_.Category AS Category_3, k0_.CommentCount AS CommentCount_4, k0_.ParentId AS ParentId_5 FROM Keywords k0_ INNER JOIN keyword_combinations k1_ ON (k1_.keywordID = k0_.KeywordId) WHERE k1_.nieuwsID = ?
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["Articles",["Nieuws","LiveRaceReport","Liveblog"],"en"]
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SELECT a0_.ArticleId AS ArticleId_0, a0_.RewriteUrl AS RewriteUrl_1, a0_.Title AS Title_2, a0_.SeoDescription AS SeoDescription_3, a0_.SeoTitle AS SeoTitle_4, a0_.coAuthor AS coAuthor_5, a0_.Icon AS Icon_6, a0_.Category AS Category_7, a0_.Content AS Content_8, a0_.PublishDate AS PublishDate_9, a0_.CreateDate AS CreateDate_10, a0_.CreateTime AS CreateTime_11, a0_.CommentType AS CommentType_12, a0_.AllowNewComments AS AllowNewComments_13, a0_.cntnlang AS cntnlang_14, a0_.LastUpdateDate AS LastUpdateDate_15, a0_.ArticleType AS ArticleType_16, a0_.CommentCount AS CommentCount_17, a0_.Activated AS Activated_18, a0_.StickyUntil AS StickyUntil_19, a0_.ViewCount AS ViewCount_20, a0_.PushEnabled AS PushEnabled_21, a0_.PushTitle AS PushTitle_22, a0_.PushMessage AS PushMessage_23, a0_.breaking AS breaking_24, a0_.breaking_title AS breaking_title_25, a0_.TestMode AS TestMode_26, r1_.RacingSerieId AS RacingSerieId_27, r1_.RewriteUrl AS RewriteUrl_28, r1_.IsDefault AS IsDefault_29, r2_.RacingSeriesTranslationId AS RacingSeriesTranslationId_30, r2_.LanguageCode AS LanguageCode_31, r2_.ShortName AS ShortName_32, r2_.LongName AS LongName_33, a0_.SiteId AS SiteId_34, a0_.RaceTrackHistoryId AS RaceTrackHistoryId_35, a0_.RacingSerieId AS RacingSerieId_36, a0_.PhotoAlbumId AS PhotoAlbumId_37, a0_.CmsAccountId AS CmsAccountId_38, a0_.PollId AS PollId_39, a0_.RaceSessionId AS RaceSessionId_40, r1_.SiteId AS SiteId_41, r1_.CountryIso AS CountryIso_42, r2_.RacingSerieId AS RacingSerieId_43 FROM Articles a0_ INNER JOIN RacingSeries r1_ ON a0_.RacingSerieId = r1_.RacingSerieId AND (r1_.SiteId IN ('1')) INNER JOIN RacingSeriesTranslations r2_ ON r1_.RacingSerieId = r2_.RacingSerieId AND (r2_.LanguageCode = 'en') WHERE (((((a0_.cntnlang IN (?) AND a0_.SiteId IN (?)) AND a0_.Activated = ?) AND a0_.PublishDate < ?) AND a0_.ArticleType IN (?)) AND a0_.RacingSerieId = ?) AND (a0_.SiteId IN ('1')) ORDER BY a0_.PublishDate DESC LIMIT 4
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