Haas Automation US machine tool builder to enter F1, gifts European students scholarships

Editor: Eric Culp

The company’s team could be racing as early as next year.

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Gene Haas has opened his wallet for racing and to help European students interested in learning about machining technology.
Gene Haas has opened his wallet for racing and to help European students interested in learning about machining technology.
(Source: Haas Automation)

Gene Haas, owner of Haas Automation and co-owner of Stewart-Haas Racing, has been granted a license by Formula One Racing’s governing body, the FIA, to field a team in the Formula One world championship in 2015 or 2016. Haas’ foundation has also announced the European recipients of this year’s scholarship monies.

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The owner said: “Obviously, we’re extremely pleased to have been granted a Formula One license by the FIA. It’s an exciting time for me, Haas Automation and anyone who wanted to see an American team return to Formula One.”

The new team, dubbed Haas Formula, will be based out of Kannapolis, North Carolina, the location of the Stewart-Haas team. According to the owner, obtaining a slot was only the first step. “Now, the really hard work begins. It’s a challenge we embrace as we work to put cars on the grid.”

Haas’ philanthropic programme for Europe, which was announced last year, has come to fruition with the designation of schools that will receive part of the $1 million scholarship fund earmarked for educational establishments that offer classes in machining and manufacturing.

The company said vocational schools and community colleges in European countries that include Belgium, Spain, Ukraine, Portugal, Croatia, Latvia, Poland and the Netherlands are among those receiving an award.

According the company owner, “Precision machining skills are extremely valuable for future generations. Students can go far with a little financial support to cover their course fees and expenses, such as books.”

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