Steiner not disappointed by loss of American F1 races

Haas Formula 1 team boss Guenther Steiner insists that he wasn’t disappointed to lose all four Americas races from the 2020 calendar, despite their importance to team owner Gene Haas.

Steiner not disappointed by loss of American F1 races

Last week F1 announced that the US, Mexican, Canadian and Brazilian events were all officially cancelled for this season due to the Covid-19 crisis.

Instead, new races at the Nurburgring, Portimao and Imola have been added to the schedule in October and early November.

Although the races on the American continent have obvious marketing value for Gene Haas and his machine tool business, Steiner says the focus on races in Europe makes more sense for cost reasons.

“First of all the disappointment not to make the flyaways is not high, because of the financials,” he said when asked by Motorsport.com.

“If they don’t support us, there’s no point to go there, if we just lose money, there’s no point to fly a long way away to lose money. And the safety of all the people is the most important thing here anyway. So that one we can live with.”

Read Also:

Asked if Haas was frustrated at the loss of the marketing exposure provided by his home race in Austin, Steiner said that the team owner had accepted it.

“He knows that it’s done for a good reason, why we cannot go there, and nobody can change it,” said Steiner.

“We are all a little bit disappointed that we haven’t got the full calendar and the full revenue from the race events.

“But the pandemic came, we didn’t allow it to happen, it happened without asking us, so we just need to deal with it.”

Steiner admitted that the lack of clarity on the final total of races in 2020 makes it harder for the team to balance its budget. It has already put update plans on hold as a cost saving measure.

“It’s getting closer that we get the information about how much the number will be, but as you know it’s always too little.

“We still need to be very careful with what we are doing, and be very diligent how we are spending our money so we can get to the end with it.”

shares
comments
Pirelli: Portimao resurfacing creates extra challenge

Previous article

Pirelli: Portimao resurfacing creates extra challenge

Next article

Sainz: TV doesn't do "amazing" generation of F1 cars justice

Sainz: TV doesn't do "amazing" generation of F1 cars justice
Load comments

About this article

Series Formula 1
Teams Haas F1 Team
Author Adam Cooper
How long can Verstappen and Hamilton keep it clean? Prime

How long can Verstappen and Hamilton keep it clean?

Lewis Hamilton and Max Verstappen have been evenly matched so far in the 2021 Formula 1 title race. Neither has been afraid to get aggressive against each other on track, teeing up an enthralling contest as the year unwinds. But how long will their battle remain clean? Jonathan Noble ponders that exact point

Formula 1
May 13, 2021
How Brabham’s one-hit wonder was boxed into a corner Prime

How Brabham’s one-hit wonder was boxed into a corner

The Brabham BT46B raced once, won once, then vanished – or did it? STUART CODLING reveals the story of the car which was never actually banned…

Formula 1
May 11, 2021
The changes Barcelona needs to provide a modern-day F1 spectacle Prime

The changes Barcelona needs to provide a modern-day F1 spectacle

Formula 1’s visits to Circuit de Barcelona-Catalunya over recent years have been met with familiar criticisms despite tweaks here and there to the track to improve racing. With the 2021 Spanish Grand Prix largely going the same way, proper solutions need to be followed to achieve F1’s wider targets

Formula 1
May 10, 2021
Spanish Grand Prix Driver Ratings Prime

Spanish Grand Prix Driver Ratings

Often described as Formula 1's laboratory, the Circuit de Catalunya-Barcelona gave the clearest demonstration yet of the pecking order in 2021. And it's the key discrepancies from that order which illuminate who is excelling, and who needs to hit the reset button.

Formula 1
May 10, 2021
How Red Bull's deja vu set Hamilton on the winning path in Spain Prime

How Red Bull's deja vu set Hamilton on the winning path in Spain

An aggressive first corner move from Max Verstappen appeared to have set the Red Bull driver on course for victory in the Spanish Grand Prix. But canny strategy from Mercedes - combined with the absence of Red Bull's number two from the lead group - allowed Lewis Hamilton to pull off a demoralising reversal

Formula 1
May 10, 2021
The Barcelona practice times that prove Red Bull has hidden pace Prime

The Barcelona practice times that prove Red Bull has hidden pace

Lewis Hamilton led the way in Friday practice for the 2021 Spanish Grand Prix, but there was one major encouraging sign for Red Bull. However, making good on that gain will require Max Verstappen to avoid repeating a mistake that left him well down the FP2 order...

Formula 1
May 7, 2021
Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place Prime

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place

Three points finishes from as many starts represents a decent opening innings on paper, but Daniel Ricciardo has endured a tough start to his McLaren career - only magnified his teammate's excellent form. Yet both he and the team have good reason to expect a turnaround soon.

Formula 1
May 6, 2021
What needs to “change” for Red Bull is ending Verstappen’s errors Prime

What needs to “change” for Red Bull is ending Verstappen’s errors

OPINION: Going up against the dominant force of Mercedes and Lewis Hamilton was always going to demand the best from Red Bull and Max Verstappen. But after making a couple more errors during the Portuguese Grand Prix, the Dutch driver showed there's a small gap he still needs to close in the 2021 Formula 1 title fight.

Formula 1
May 5, 2021