American-based F1 franchise, Haas Formula, officially introduced

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Over the last year, we’ve learned that Gene Haas is not afraid to take big risks.

The NASCAR team co-owner proved as much this past off-season when he almost single-handedly brought in Kurt Busch and triggered the expansion of his Stewart-Haas Racing operation (in which he shares ownership with three-time Sprint Cup champion Tony Stewart) to a four-car program.

It was a major gamble that would ensure plenty of attention from NASCAR Nation – which, in turn, ensured that if the gamble backfired, it would be a memorable disaster.

As NASCAR goes into the Easter break, SHR has claimed three checkered flags in the season’s first eight races, including Kevin Harvick’s second win of the season last weekend at Darlington and Busch’s triumph a few weeks ago at Martinsville.

That leap of faith from Haas has paid off. But now, Haas, a businessman who has become a billionaire off manufacturing machine tools, is preparing for his toughest venture yet in motorsports.

Last week, he received word that he would indeed become a Formula One franchise owner. This morning, he dubbed the new franchise as Haas Formula and revealed that it would be based in Kannapolis, North Carolina – the town most famous for spawning one of America’s greatest racing families, the Earnhardts.

Once again, the eyes of the racing world will be on him, and he acknowledged that at least some of the attention is based off of a chance to see his team fail.

But like always, he was confident that he would succeed – not only in performance on the track, but also in giving F1 the bigger presence in America that it craves.

“I’m sure most people are betting that we will fail,” said Haas, who was flanked at today’s press conference by his new team principal, Guenther Steiner, a former technical director at Red Bull and Jaguar.

“And that’s why it’s going to be successful, because if we don’t fail, then we’ve done something that other people haven’t. And that will definitely help sell Formula One in the U.S.”

Haas indicated that the team still must elect whether they’ll be ready to go for the 2015 season or if they’ll wait for 2016. That decision, according to him, should be made within the next month.

“I think 2015 is too close and 2016 is too far, so that’s kind of where I see it,” he said. “If we wake up in 2016 we’re just going to start delaying and strategizing and we’re going to end up spending even more money because we’ll just basically be in a neutral position until maybe the middle of next year.”

With that in mind, he intends to initially utilize a car that’s at least partially based on the technology of the team’s partners – whoever those will eventually be.

One of those partners may well be Italy-based chassis manufacturer Dallara, which most recently worked with the now-defunct HRT team on its 2010 challenger.

Haas noted that he’s held preliminary talks with Dallara but that the ultimate goal was for his team to become a legitimate constructor.

“…As time goes on, we’ll learn,” Haas said. “We’ll figure it out, and the car will eventually evolve into our own car – and quite frankly, I think we can beat the Europeans at their own game.”

As for the engine side of things, Haas plans to forge a deal similar to a pact for his NASCAR effort that allows them to use Hendrick Motorsports powerplants.

“To sit there and say that we can understand what’s going on with these cars in a year or two is not reasonable,” he admitted. “It’s going to take us a while to learn and we’re going to lean heavily on a technical partner to help us.”

Just making it to the F1 paddock would put Haas Formula on a higher level than the last attempt at an American-based Grand Prix team.

In 2009, USF1 was granted entry into the series for 2010 and planned to have bases in both Charlotte, North Carolina and in Spain. But the project ultimately collapsed, and today, Haas said that while he respected those involved for trying, he felt that the project’s failure “cast a long shadow.”

Nonetheless, he feels that with his many resources, he can excel where USF1 failed.

“USF1 was basically a start-up that basically had no resources what so ever,” he said. “They didn’t have a racing team. They took on a huge challenge, and I admire the fact they took that challenge.

“But on the other hand, I’m partners with Tony Stewart in a very successful NASCAR racing team. I have a machine tool company that has the capability of building the most sophisticated machines in the world…I have a rolling road wind tunnel, Windshear, a 180 mile per hour wind tunnel.

“I have a lot of the resources and basic infrastructure that I think is necessary in order to succeed in this.”

NHRA shocker: Englishtown ceases drag racing operations, including NHRA Summernationals, effective immediately

Photo courtesy NHRA
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If put in baseball terms, Wednesday morning’s news from the NHRA is comparable to Yankee Stadium closing down for good.

One of the most popular and longest-running race tracks on the NHRA national event circuit — Old Bridge Township Raceway Park in Englishtown, New Jersey — announced in a statement that “it will no longer host any drag racing events at its facility, effective immediately. This includes the 49th Annual NHRA Summernationals, scheduled to take place this June.”

This is massive — and terrible news — for NHRA fans, particularly those on the East Coast, as the track more commonly known simply as “Englishtown” has long been a destination point for fans in the New Jersey, New York, Pennsylvania, Delaware and Maryland area for decades. That not only includes NHRA national events, but also local bracket racing at the track.

Few details on the decision to stop all drag racing events are known. However, the track has long struggled being landlocked and unable to expand its runoff area for cars that have problems stopping under their own power. That is especially problematic for Top Fuel dragsters and Funny Cars, which are the most powerful cars in the sport and, due to the 10,000 horsepower they produce, often need longer stopping distances.

NHRA Funny Car driver Scott Kalitta was killed in a crash at Old Bridge Raceway on June 21, 2008, when his car was unable to stop in the runoff area and collided with a portable crane past the runoff area.

NHRA spokesperson Jessica Hatcher told NBC Sports in an email Wednesday morning that the sanctioning body will not look to find a replacement venue for Englishtown on the 2018 racing schedule.

As a result, the 2018 Mello Yello Drag Racing Series schedule will shrink from 24 to 23 going forward with Englishtown’s departure.

” ‘Stunned’ is the perfect word to describe how we are all feeling right now,” Hatcher said. “For 2018, we are focusing on the remaining 23 events and do not foresee any additional changes to the schedule.”

New NHRA president Glen Cromwell said in a media release, “NHRA drag racing events have been held at the track in Englishtown for almost 50 years. The Summernationals have played an important part of our heritage and we hope that fans in the area will try to make it to another of our events.

“Our focus remains on making the NHRA Mello Yello Drag Racing Series a memorable experience for our fans, racers, sponsors, partners and tracks.”

The nearest venues to Englishtown that will host NHRA events this season are Maple Grove Raceway outside Reading, Pennsylvania (105 miles west of Englishtown) and New England Dragway in Epping, New Hampshire (310 miles northeast).

The Napp family, which owns Old Bridge Township Raceway Park, issued a statement that the facility will remain open and continue business as usual going forward — with the exception of eliminating all drag racing events, both national and local.

“Old Bridge Township Raceway Park, the Napp family owned and operated business announced today a reorganization of the company’s business operations,” the statement said. “To achieve this goal, Raceway Park will no longer conduct quarter mile or eighth mile drag racing events effective immediately.

“Raceway Park will retain and use the ‘stadium’ portion of the facility including the VIP hospitality tower and grandstands and continue most of its operations including the spring and fall auto swap meets, numerous car shows, both motocross racing and practice, kart racing, as well as drifting, a full schedule of road course activities, mud runs, monster truck shows, musical concerts, & festival events and more. The long standing Old Bridge Township Airport, owned and operated by Raceway Park will also continue to operate as normal.”

From a driver’s perspective, veteran NHRA racer Shawn Langdon, who is switching from a long career in Top Fuel to Funny Car this season for Kalitta Motorsports, won in Top Fuel at Englishtown in 2013 and laments the decision to drop drag racing there.

“It really caught me by surprise because I had not heard a thing about that,” Langdon said. “It’s unfortunate because that place has such rich history and so many great things have come out of that race in the past. It was a track that meant a lot to the Kalitta family and with Scott. They always wanted to win one for Scott. We’d have loved to have the opportunity to go back to the track and win that race for Scott.”