Haas in Profit: The F1 Team’s Financial Situation Is Finally Solid

For the first time, the MoneyGram Haas F1 Team has closed its balance sheet in the black—and 2025 is now looking promising…

For the first time since its entry into Formula 1, Haas will be able to compete with other teams without the financial limitations that have characterized its past seasons. While this doesn’t mean the team will suddenly be fighting for the championship, it does mark a significant step forward in its structural growth.

In 2025, according to current financial reports, the Kannapolis-based team could, for the first time, come close to reaching the budget cap—the financial regulation introduced in 2021.

Haas’ Work on the Budget Cap

Confirming this progress is team principal Ayao Komatsu, who explained how the team will now be self-sustaining, no longer relying on direct financial support from its owner: “In 2024, for the first time, Gene Haas didn’t have to put any money into the team out of his own pocket. We haven’t reached the budget limit yet, but this year we certainly will. So, this presents a new challenge for us, as we need to ensure we stay within the spending cap.”

Despite having a workforce of just 330 people—far fewer than the leading teams, which exceed 1,000 staff members—Haas has benefited from the financial regulations introduced before the latest rule changes. These measures, along with Komatsu’s strategic work, seem to be yielding impressive results, as evidenced by the team’s first-ever positive balance sheet.

A Season of New Ambitions

It will now be up to the Haas VF-25 to push the team further up the grid, while new drivers Esteban Ocon and Oliver Bearman will have to deliver strong performances to secure valuable points—and, consequently, additional financial incentives—for the American squad. Now, it’s time for the track to have the final say.

Photo: Moneygram Haas F1 Team