Haas provide major update on Steiner F1 lawsuit

A lawsuit against the Haas F1 Team has been dropped by its former team principal Guenther Steiner, with an agreement having been reached during mediation proceedings. 

Last April, Steiner sued Haas Formula, LLC after claiming that the American team owed him money after his contract was not extended by the outfit's founder, Gene Haas.

The Italian deemed that the team had continued to build and increase its popularity by using his fame, which was triggered by Netflix's F1 docu-series Drive to Survive.

Specifically, he case claimed that "the popularity of Formula 1 in America is rapidly growing, and Haas F1 has grown with it. But neither Haas F1 nor Formula 1 would exist in the modern United States if not for Guenther Steiner."

In addition, the case claimed that Haas' use of Steiner's claim continued after the figure was informed he would not be retained for the 2024 F1 season.

However, according to documentation from the Mecklenburg County Clerk of Superior Court, Steiner has dismissed the case with it not being able to be refilled in the future. 

This comes after both parties reached an agreement on all the issues, following voluntary mediation which lasted 28 hours and 36 minutes.

A statement from Haas to RacingNews365 stated: "Haas Formula, LLC is pleased to announce that Guenther Steiner and Haas Formula, LLC have resolved their dispute, that Guenther Steiner has withdrawn all allegations previously made in his lawsuit, and all claims asserted against Haas Formula, LLC have been dismissed with prejudice.

"Both Mr. Steiner and Haas Formula, LLC wish each other success in their future endeavours and will have no further comments on this matter."