P1racenews AI automatic summary:
Amid suggestions that he could sell his Formula 1 squad following the exit of Team Principal Guenther, Gene Haas has offered a response to such proposals.
Gene Haas, owner of the Haas Formula 1 team, has clarified that he has no intentions of selling the team to a potential buyer. Despite poor results in recent years, Haas remains committed to F1 and wants to continue racing and being competitive. The departure of former Team Principal Guenther Steiner has prompted a need for the team to focus on other aspects and strive to improve. Haas acknowledges that they have been spending close to the budget cap but need to be more effective in how they utilize their resources. The team aims to survive and prove their worthiness in the sport.