‘Big Teams Might Call It Quits’ – Haas Makes Bold Prediction for the Rising New Era of F1

Published 02/26/2021, 2:25 AM EST
BAHRAIN, BAHRAIN – DECEMBER 05: Kevin Magnussen of Denmark driving the (20) Haas F1 Team VF-20 Ferrari on track during final practice ahead of the F1 Grand Prix of Sakhir at Bahrain International Circuit in Bahrain, Bahrain. (Photo by Hamad I Mohammed – Pool/Getty Images)

F1 is all set to jump into an entirely new era from the wake of the 2022 season. And amid the soon-to-witness changeover, massive uncertainty has been looming over the sport.


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The biggest question being, will the teams stay loyal to the sport despite the entry of the budget cap?

Well, Haas F1 owner, Gene Haas, is anticipating an unpredictable couple of seasons from 2022. He felt that the chances of big teams bowing out of the sport could be considerably high over the two seasons. This is because of F1’s recent measures at bunching up the grid for much closer racing.


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This could leave top-field teams like Mercedes, Ferrari, and Red Bull thinking twice before continuing to race in the new phase of F1.

Haas’ view on the upcoming regulation changes

Speaking to RACER, Gene opened up that big teams might quit F1 following the potential realization that they have better scope in other racing series.

Going forward in 2022 and 2023, maybe doors will open. Maybe things will happen. Maybe some of the big teams might call it quits,” he said.

This whole electrification of the whole automobile industry is going to be very upsetting to the tried and true conventional builders of cars.

Formula One F1 – Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – Mercedes’ Lewis Hamilton in action at the start of the race Pool via REUTERS/Giuseppe Cacace

So you never know when one of them might pull out and there might be some opportunities to do something else there. So who knows?

While Red Bull recently confirmed their stay in F1 beyond the 2021 season following F1’s decision on engine freeze, Mercedes and Ferrari haven’t spoken much about the upcoming makeover.

Ferrari, in particular, have been disinterested in the budget cap and threatened to quit the sport on several occasions.

So, who knows? Gene Haas’s words could turn up the same in reality in the next couple of years.

Haas will stay in F1 beyond 2021: Gene

The Haas F1 owner clarified that his team will continue racing in F1 despite the upcoming regulation changes. Furthermore, he revealed that the team isn’t in debt. Hence, he is in a pretty comfortable position with respect to financial stability.

I don’t have any loans at all, actually. So going forward we can stay in Formula 1 as long as we want. And that’s kind of where I want to be at the moment,” the American said.

Formula One F1 – Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – New Haas’ driver Mick Schumacher tests the car during practice Giuseppe Cacace/Pool via REUTERS

The 2022 season could be an eye-opener for mid-field teams like Haas, as the regulation changes could spice up their chances of fighting for points and podiums.


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So, will the 2022 F1 season end up pulling the mid-field pack up the grid, and subsequently pull the leaders down the grid? Could this be the beginning of F1’s downfall?

Well, let’s see what the future holds.


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Rohit Kumar

644 articles

Rohit Kumar is an F1 author at EssentiallySports. He has been an ardent follower of the racing series since 2007, with his love for the sport coinciding with his love for Kimi Raikkonen. He is also an ardent follower of Sebastian Vettel and Aston Martin Racing.