Haas F1 Team signs Ferrari engine deal

The length of the deal was not confirmed, although it is said to be a “multi-year agreement” and is for the supply of Ferrari’s “entire power unit”. The Italian marque will also provide its gearbox and “overall technical support”.

“There is no team in Formula 1 more accomplished than Scuderia Ferrari, and no team with more history. They’ve been a part of Formula 1 from the beginning, and now they will be a part of Haas F1 Team’s beginning,” said Haas F1 Team Chairman Gene Haas.

“Formula 1 is the pinnacle of motorsports. It showcases the latest technology and is the most competitive form of racing in the world.

“Aligning Haas F1 Team with such a tenured and successful company in Scuderia Ferrari provides our team with the greatest opportunity for success in 2016 and beyond.”

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