The Haas Formula 1 team has gone from the rear of the field last season to very much being in the middle of the pack this season. Part of the reason they were so bad last season was they chose not to develop that car. Instead, they spent all their time and money developing this season’s car.
The regulations surrounding the specifications of this car are totally different from last season. This decision has paid dividends with the American-owned team sitting in the seventh position in the constructor’s standings. This is a massive gain for a minnow team.
— Haas F1 Team (@HaasF1Team) July 23, 2022
In fact, their current haul of 34 points is the third-best result in their seven-year history. They had 47 points in the 2017 season and 93 points in the 2018 season. The other interesting fact is that those 34 points are more than they have accrued in the last three seasons. They only won 31 points from 2019 to 2021 which puts a massive hole in any formula 1 team’s budget.
The Haas Formula 1 team has been battling with the big boys.
Over the last few races, the Haas team has been battling with the seven-time world champion, Lewis Hamilton in the Mercedes. They have in fact been beating Hamilton at a few of the races. The team that finished last in the constructor’s championship last season is mixing it with last season’s winner of that championship. To say that this is huge is an understatement.
So, what is the difference between last season and this season? Well, the regulations as to how the car is designed are one reason. Mercedes, which had the dominant chassis for the last seven years had to completely redesign their car. Now, normally this would not be a problem as the huge team would just throw money at the problem until they solved it. They simply cannot do that this season.
Another of the regulations that were introduced was a cost cap. This cap means that Mercedes can only spend the same amount of money as everyone else on car development and upgrades. This is the same across all constructors and is putting pressure on Red Bull, who are asking for the cap amount to be raised. However, it appears that they are not going to get their way.
Formula 1 distributes its money incrementally
Haas has never been a big-budget team and as a result, has not been able to compete with the big boys of the sport. This means that they are not able to win the prizemoney required which puts pressure on the team and sponsors. Now, team principle Gunther Steiner is suggesting that Haas could finish as high as sixth. This is important as the prize money increases incrimentally the higher you finish in the constructors championship.
If the minnow again finished in tenth, they would get a smaller share of the revenue. however, now they are able to use the same money to develop their car as everyone else. They are showing that they are going to be a true force moving forward. We want to see the best drivers competing with each other on merit, not on who has the best car.
It is so good that the action is now back on track rather than off it.