On Wednesday Gene Haas, owner of the Haas F1 Team that will make it's race debut in 2016, announced a multi-year partnership with Scuderia Ferrari for supply of the team's power unit, gear box, and overall technical support. Haas F1 Team will only need to own the IP of their own chassis and bodywork under new regulations coming into effect for the 2015 Formula One season.
"There is no team in Formula One more accomplished than Scuderia Ferrari, and no team with more history," Haas said. "They've been a part of Formula One from the beginning. Aligning with such a tenured and successful company provides our team with the greatest opportunity for success in 2016 and beyond."
"A few months ago we joined forces with Gene Haas on a commercial level and this is the natural next step of our growing relationship," Ferrari team principal Marco Mattiacci said. "While our objective is to reinforce our power unit development program for all our customer teams, we believe this new partnership has the potential to evolve beyond the traditional role of supplying our power unit and all related technical services. The United States continues to be one of the most important markets for Ferrari and it offers many interesting opportunities. We look forward to supporting [the team] in its efforts to become a competitive player on the Formula One grid."
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