“I don’t know where this comes from”- Steiner on Haas sale speculations

“I don’t know where this comes from”- Steiner dismisses the speculations on the sale of Haas, amidst contrary signs from the team owner.

Haas’ team principal Guenther Steiner straightaway dismissed the rumours of team owner Gene Haas selling the franchise amidst the poor results from the last season.

“I don’t know where this comes from,” Steiner told a conference call of invited media, including GPFans. “I think it’s now the third time Gene has sold the team, partly sold the team. All this speculation, somebody is putting some rumours out there.

“[There was a rumour] We were sold to Saudi Arabia a year ago. We were already sold and the deal was done. Nobody ever spoke to Saudi Arabia.

“I see this as trying to make in a storm in a teacup for no good reason. Gene Haas is still the 100% owner of Haas. He’s never had a partner, he maybe doesn’t want a partner, he maybe doesn’t need a partner.

“When the time is right we will communicate it, and when I say ‘we’, that is Haas F1, and not everybody else with an opinion as to who owns Haas and who is buying Haas, and who is acquiring shares in Haas.”

He added: “If someone wants to buy a team out there, I think Williams did a very good job in how to manage it. They put it on the market and said if you are interested then speak with these people. That is how it should be done and not speculation with no foundation.

“There are a lot of people that wish to buy an F1 team, and tell people they are going to buy one, but they haven’t done, at least not with Haas, so that is the status on that one.”

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These rumours stemmed after Haas’ team owner said the results from the new season will affect his decision over his future with the team, “If we have another bad year, then it would not be that favourable [to stay].”

About the author

Tanish Chachra

Tanish Chachra is the Motorsport editor at The SportsRush. He saw his first race when F1 visited India in 2011, and since then, his romance with the sport has been seasonal until he took up this role in 2020. Reigniting F1's coverage on this site, Tanish has fallen in love with the sport all over again. He loves Kimi Raikkonen and sees a future world champion in Oscar Piastri. Away from us, he loves to snuggle inside his books.

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