Gene Haas has confirmed the widely expected news that his newly-approved F1 team will not be ready in time to join the 2015 grid.

The co-owner of the Stewart-Haas Racing NASCAR team won a license to compete in Formula 1 back in April; he later announced his plans to have the team – which would split its operations between North Carolina and Europe – on the grid by next year.

However, Haas has since had to reset expectations few in F1 circles believed he had a realistic chance of achieving.

“From a personal standpoint, I really would have liked to go racing in 2015. It was hard to sit there and say no. Trust me, I really wanted to go,” he told Forbes.

“The plan is absolutely to launch in 2016 and we are fully committed to that. I don’t think there is any doubt about that whatsoever. I think we will be a better team [delaying until 2016] because we will have more time to plan and we will be able to do a lot more engineering in Kannapolis.

We have been working on a building there since November of last year as part of the expansion of the NASCAR team. In about a month we will have the NASCAR site open then about a month later we will have the Formula 1 site operational so we can go in there.”

Image via Withinouttechnicians

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.