Steiner laughs off gossip of $900 million lawsuit against Haas ...Middle East

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Haas team principal Guenther Steiner has ridiculed back-fence talk in the F1 paddock about him suing the US outfit’s eponymous team owner Gene Haas for a lofty $900 million. The rumor was fueled by monthly publication BusinessF1Magazine which claimed that Steiner believed that he was entitled to a 50% stake in the Haas F1 Team per an agreement with Gene Haas dating back to 2016, when the team first entered F1. But Haas allegedly reneged on the deal, hence Steiner’s $900 million suit, which by some wacky financial metric reportedly represents half of the F1 team’s market value! “I told Gene that I was supposed to be suing him for $900 million,” the Italian told veteran F1 reporter Joe Saward.

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