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Gene Haas: Long-term F1 strategy not dependent on winning

Related Topics: Formula One, Gene Haas, NASCAR

Gene Haas says his long-term strategy for owning a Formula One team is not dependent on it becoming a regular race winner in the future.

The Haas F1 team is entering its second year of competition after joining the grid in 2016, when it became the sport's first new team in six years. Much like its predecessor, the team's latest challenger, the VF17, has been rolled out emblazoned with the logo and colours of Haas' machine tool company Haas Automation.

One of Haas' main motivations for joining F1 was to take his company to a worldwide audience, with his NASCAR team -- co-owned with Tony Stewart -- focusing on branching out to an American viewership.