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Friday 11 April 2014

New Formula 1 team set to be confirmed by Ecclestone

Bernie Ecclestone has said the FIA will give official confirmation on Friday for a new team owned by NASCAR's Gene Haas to join Formula One.
In December the FIA opened a tender for a 12th team and Haas quickly became one of the leading contenders to take on the position. Originally Ecclestone voiced doubts about the financial validity of Haas' bid but has recently changed his opinion on the proposed team.
"Haas has been accepted," Mr Ecclestone told Forbes on Thursday. "The FIA has accepted him for sure. It is done. They are going to put that out tomorrow."
Haas co-owns the Stewart-Haas outfit in NASCAR with Tony Stewart, which won the 2011 Sprint Cup championship.
Haas' outfit would be the first American team in F1 since Penske left the sport in 1978. USF1 was granted entry for the 2010 season the last time the FIA opened their application process, but they failed to make the grid due to financial difficulties.

Source: ESPN

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