Rumours have started to circulate of Haas and
Haas have revealed an updated team logo and new official team name ahead of the 2023 Formula 1 season, fresh from signing payment company MoneyGram as their new title sponsor.
2023 Haas F1: Team principal Guenther Steiner | Drivers Kevin Magnussen and Nico Hulkenberg - AS USA.
Financial terms of the deal are not disclosed, but Sports Business Journal (SBJ) reports that Haas usually command title sponsorship deals worth around US$40 million annually.
In a sport where milliseconds matter, it would be difficult to find a better partner than Rolex. According to Forbes, Rolex pay an estimated annual fee of $50 million to Formula 1 in order for their logo to be plastered on cars, drivers and advertising boards at race tracks.
The German driver reflects on taking Mick Schumacher's seat with Haas ahead of his F1 return. Nico Hulkenberg has spoken about replacing Mick Schumacher in the Haas team for 2023. The German driver has experienced losing a seat on an F1 team before when Renault parted ways with him back in 2019.
Schumacher and Haas to part ways at the end of 2022.
Haas F1 cars have been powered by Ferrari engines for quite some time but they're yet to achieve their best in the championship.
They were seen posing alongside things made from furniture sure as a ship since the sponsor is a furniture-based company called Aldi.
The MoneyGram deal was announced at the United States Grand Prix last October but only comes into effect now ahead of the 2023 season, with Haas officially being renamed as the MoneyGram Haas F1 Team.
Haas F1 Team is the only American team on the grid, but our workforce is truly global. The newest entry on the grid, making our competitive debut in 2016, we have over 200 employees split across three sites in the US, UK, and Italy, working tirelessly on creating a new era of racing for the team.
Haas F1 Team has yet to win a race in Formula 1. The team's best finish in a race was a fourth-place finish at the 2018 Azerbaijan Grand Prix. Haas F1 Team has achieved five podium finishes in its history, with two coming in the 2018 season and three in the 2019 season.
While many other teams weren't very far behind in their power figures, the BMW M12/13/1 of 1986, which powered the Benetton, Brabham, and Arrows teams, remains the most powerful engine Formula 1 has ever seen.
Mick Schumacher has been dropped by the Haas Formula 1 team for the 2023 season, with Nico Hulkenberg rapidly announced as his replacement.
Crash damage and an inability to keep up with Magnussen's points total resulted in early-season pressure from Haas on Schumacher, with the 23-year-old failing to make the grade for a third year with the team.
While his performance and the damage he cost the team are apparent reasons, Brundle believes that Schumacher's 'entourage' could have been a reason why the team was fed up. With every passing race, it was hard for the German to deliver a performance, especially against his teammate, Kevin Magnussen.
What is Mick Schumacher doing in 2023? Schumacher is Mercedes' reserve driver for the current F1 season.
Haas enters 2023 not only with a new driver lineup of Kevin Magnussen and Nico Hülkenberg but a new team sponsor, making the American outfit the MoneyGram Haas F1 Team.
Haas F1 Team revenue is $11.0M annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Haas F1 Team has 173 employees, and the revenue per employee ratio is $63,583. Haas F1 Team peak revenue was $11.0M in 2022.
It's Yuki Tsunoda who perhaps stands out the most towards the bottom of the earnings table – the Japanese driver remains on a rookie-level salary despite entering his third year in the sport.
Kevin Magnussen - F1 Driver for Haas.