Gene Haas against ‘socialist’ pay-out structure in F1

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Gene Haas does not believe that Formula 1 should employ a “socialist” pay-out structure to teams, believing that the front-runners should be rewarded with a bigger slice of the sport’s revenue.

F1’s prize money distribution has been widely debated for a number of years, with new owner Liberty Media set to review how much of the sport’s revenue is paid back to teams upon the expiration of the current commercial agreement in 2020.

Smaller privateer teams have long craved a greater pay-out that is more comparable to what the bigger manufacturer operations receive.

Despite not being entitled to any prize money pay-out until his team’s third season, Haas is wary of making things too even through the grid, saying that top-line squads should still be rewarded for their success on-track.

“I think we just have to be very very careful in how you redistribute the wealth because there are some teams at the top that have spent 50 years doing this, that have earned some entitlement to how the costs are distributed,” Haas said.

“I’m not saying that the teams at the bottom don’t deserve more, but I’m still saying teams at the top deserve more. You can’t just arbitrarily redistribute that because quite frankly winning races should come with rewards and it should not be a socialistic type structure.”

Haas went on to draw comparison to financial challenges that are being faced across global motorsports, including in NASCAR, where he is co-owner of Stewart-Haas Racing.

“Other than that, everything else is open to negotiation but I think in racing, even in NASCAR we’re having struggles with that,” Haas said.

“The team owners are typically on the bottom rung of the income stream and they’re struggling. It’s been very very difficult in NASCAR.

“I think to some degree that teams that rely on sponsorship are starting to find it’s very very difficult to attract a major sponsor. A $25m sponsor is a huge sponsor. Today, that is practically non-existent.

“Most of the sponsors – at least I know from NASCAR, they’re more in the $5m to $10m range and you have to have multiple sponsors on your cars at different races. There’s some adaptability to that but at the same time there’s a lot of demand from media.

“So how that money gets redistributed seems to be the question, but unfortunately the teams don’t have a real strong position there to speak up about how it will get distributed, because we don’t own Formula 1.”

Justin Grant prevails over Kyle Larson in the Turkey Night Grand Prix

Grant Larson Turkey Night
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On the heels of his Hangtown 100 victory, Justin Grant worked his way from 13th in the Turkey Night Grand Prix to beat three-time event winner Kyle Larson by 1.367 seconds. The 81st annual event was run at Ventura (Calif.) Raceway for the sixth time.

“My dad used to take me to Irwindale Speedway, and we’d watch Turkey Night there every year,” Grant said in a series press release. “This is one of the races I fell in love with. I didn’t think I’d ever get a chance to run in it, never thought I’d make a show and certainly never thought I’d be able to win one.”

With its genesis in 1934 at Gilmore Stadium, a quarter-mile dirt track in Los Angeles, the race is steeped in history with winners that include AJ Foyt, Parnelli Jones, Gary Bettenhausen and Johnnie Parsons. Tony Stewart won it in 2000. Kyle Larson won his first of three Turkey Night Grands Prix in 2012. Christopher Bell earned his first of three in 2014, so Grant’s enthusiasm was well deserved.

So was the skepticism that he would win. He failed to crack the top five in three previous attempts, although he came close last year with a sixth-place result. When he lined up for the feature 13th in the crowded 28-car field, winning seemed like a longshot.

Grant watched as serious challengers fell by the wayside. Mitchel Moles flipped on Lap 10 of the feature. Michael “Buddy” Kofoid took a tumble on Lap 68 and World of Outlaws Sprint car driver Carson Macedo flipped on Lap 79. Grant saw the carnage ahead of him and held a steady wheel as he passed Tanner Thorson for the lead with 15 laps remaining and stayed out of trouble for the remainder of the event.

“It’s a dream come true to win the Turkey Night Grand Prix,” Grant said.


Kyle Larson follows Justin Grant to the front on Turkey Night

The 2012, 2016 and 2019 winner, Larson was not scheduled to run the event. His wife Katelyn is expecting their third child shortly, but after a couple of glasses of wine with Thanksgiving dinner and while watching some replays of the event, Larson texted car owner Chad Boat to see if he had a spare car lying around. He did.

“We weren’t great but just hung around and it seemed like anybody who got to the lead crashed and collected some people,” Larson said. “We made some passes throughout; in the mid-portion, we weren’t very good but then we got better at the end.

“I just ran really, really hard there, and knew I was running out of time, so I had to go. I made some pretty crazy and dumb moves, but I got to second and was hoping we could get a caution to get racing with Justin there. He was sliding himself at both ends and thought that maybe we could get a run and just out-angle him into [Turn] 1 and get clear off [Turn] 2 if we got a caution, but it just didn’t work out.”

Larson padded one of the most impressive stats in the history of this race, however. In 10 starts, he’s won three times, finished second four times, was third once and fourth twice.

Bryant Wiedeman took the final spot on the podium.

As Grant and Larson began to pick their way through the field, Kofoid took the lead early from the outside of the front row and led the first 44 laps of the race before handing it over to Cannon McIntosh, who bicycled on Lap 71 before landing on all fours. While Macedo and Thorson tussled for the lead with McIntosh, Grant closed in.

Thorson finished 19th with McIntosh 20th. Macedo recovered from his incident to finish ninth. Kofoid’s hard tumble relegated him to 23rd.

Jake Andreotti in fourth and Kevin Thomas, Jr. rounded out the top five.

1. Justin Grant (started 13)
2. Kyle Larson (22)
3. Bryant Wiedeman (4)
4. Jake Andreotti (9)
5. Kevin Thomas Jr. (1)
6. Logan Seavey (8)
7. Alex Bright (27)
8. Emerson Axsom (24)
9. Carson Macedo (7)
10. Jason McDougal (18)
11. Jake Swanson (16)
12. Chase Johnson (6)
13. Jacob Denney (26)
14. Ryan Timms (23)
15. Chance Crum (28)
16. Brenham Crouch (17)
17. Jonathan Beason (19)
18. Cade Lewis (14)
19. Tanner Thorson (11)
20. Cannon McIntosh (3)
21. Thomas Meseraull (15)
22. Tyler Courtney (21)
23. Buddy Kofoid (2)
24. Brody Fuson (5)
25. Mitchel Moles (20)
26. Daniel Whitley (10)
27. Kaylee Bryson (12)
28. Spencer Bayston (25)