Haas with a profit of 6.8 million Euros in 2022

One of the smallest F1 team on the scene manages its finances well. After having been in profit in 2021, the American stable announces a profit also for 2022, with 6.8 million euros.

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Haas with a profit of 6.8 million Euros in 2022

The American stable is in profit for 2022 of 5.883 million pounds sterling in 2022, or 6.8 million euros with its English subsidiary. This profit is added to the 28.238 million pounds sterling set aside in recent years by the Haas stable to thus have in the bank 34.121 million pounds sterling.

The balance sheet revealed by the stable announces revenues in 2022 of 110 million pounds sterling compared to 87.5 million in 2021. An increase notably due to the increase in revenues from F1 thanks to Haas’s 7th position in the 2022 championship.

Conversely, the report stipulates the cessation of Uralkali’s sponsorship following the start of Russia’s war against Ukraine.

Please note that this announcement only concerns the English part of the American stable, which has its headquarters in North Carolina and another factory in Italy among others. Haas Formula LLC based in North Carolina has not provided any public information on its 2022 balance sheet to date.

The report notably shows 116 employees in 2022 compared to 108 in 2021.

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