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Haas F1 strikes important deal: New multi-year engine deal with Ferrari

14:09, 16 Jul 2024

byCorwin Kunst

Haas F1 and Ferrari have reached an agreement on a new engine deal. The US racing stable will continue to run with Italian-branded engines until 2028. This is important news for the team of Kevin Magnussen and Nico Hülkenberg, as from 2026 the new engine regulations come into force in Formula 1.

Haas made their debut in Formula 1 in 2016. In 2018, they achieved their best place to date in the Constructors - fifth. This season, they are seventh, but are closing the gap between themselves and Visa Cash App RB. On Tuesday, they announced they have reached a new engine deal with Ferrari until 2028. “I’m thrilled to extend our relationship with Scuderia Ferrari until 2028,” commented Ayao Komatsu, Team Principal of MoneyGram Haas F1 Team. “As an organization we’ve only ever raced with Ferrari power units and to have that continued stability moving into the next set of power unit regulations is a key part of our on-going development."

"The relationship with Scuderia Ferrari has always been a special one to us – they were instrumental in the genesis of the program back in the early days and have continued to be a valuable technical partner to us throughout the past nine seasons. I’m delighted we now have more seasons ahead and my thanks go to Fred Vasseur and many others at Scuderia Ferrari for continuing to show faith in our project. This announcement is just another example of the long-term ambition of MoneyGram Haas F1 Team – our investment and growth in the sport continues.”