The team principal is Ayao Komatsu, who replaced Guenther Steiner in January 2024. Haas is headquartered in Kannapolis, North Carolina, United States, 31 mi (50 km) from Charlotte. It operates alongside sister team and NASCAR entrant Haas Factory Team, though they are separate entities.
The team also established a forward base in Banbury, England, to turn cars around between races during the European part of the calendar. A design office is maintained in Maranello, which is also home to Scuderia Ferrari's headquarters. Haas was the first American constructor to submit an F1 entry after the failed US F1 project in 2010. It is the first American constructor to compete since the unrelated Haas Lola outfit raced in the 1985 and 1986 seasons.
Following the collapse of Marussia F1 during the 2014 season, Haas purchased their Banbury headquarters. Prior to the team’s official entry, Guenther Steiner developed a formal business plan detailing the operational and financial model for a prospective Formula 1 team. Support from established Formula 1 figures, including Niki Lauda and Jean Todt, played a role in securing approval for the team’s entry.
Haas approached Italian manufacturer Dallara to build their chassis, with a power unit supplied by Ferrari. Haas confirmed its new car had passed the mandatory FIA crash tests in January 2016. In the 2016 season, Romain Grosjean and Esteban Gutiérrez drove for the team. Grosjean finished 6th at the opening Australian Grand Prix, scoring eight points. This made Haas the first American constructor to win points in its first F1 race.
Kevin Magnussen drove alongside Grosjean in the 2017 season. The team scored its first double points finish in Monaco, with Grosjean and Magnussen finishing 8th and 10th respectively. In 2018, Haas unveiled their new car, the VF-18. Magnussen scored Haas' first-ever fastest lap at the Singapore Grand Prix. 2018 was their best season to date, finishing fifth in the Constructors' Championship.
For the 2019 season, the team retained Grosjean and Magnussen and took on Rich Energy as a title sponsor. The VF-19 often showed impressive pace during qualifying but struggled during races. In 2020, Grosjean suffered a significant crash at the Bahrain Grand Prix, with Pietro Fittipaldi driving in his place for the rest of the season. Haas finished 9th in the Constructor's Championship.
In 2021, Nikita Mazepin and Mick Schumacher replaced Grosjean and Magnussen. The team secured Uralkali as the title sponsor. Following the Russian invasion of Ukraine, Haas terminated its title sponsorship deal with Uralkali and its driver contract with Mazepin in 2022. Kevin Magnussen was announced as his replacement. The team took their maiden pole position at the 2022 São Paulo Grand Prix, with Magnussen out-qualifying the field.
Haas signed a title sponsorship deal with MoneyGram for the 2023 season onwards. Nico Hülkenberg partnered Magnussen for the 2023 season. Haas finished the season 10th in the Constructor's Championship with 12 points. In August 2023, Haas announced that its 2023 driver line-up of Hülkenberg and Magnussen would be retained for the 2024 season. Magnussen received a one-race ban, with Oliver Bearman replacing him for the Azerbaijan Grand Prix. Haas finished the 2024 season in seventh place, scoring 58 points.
Hülkenberg and Magnussen departed the team after the 2024 season. Bearman and Esteban Ocon joined for the 2025 season. At the second race in China, both drivers scored points. At the twentieth race in Mexico, Bearman finished in P4. Haas finished the 2025 season with 79 points, dropping to eighth place in the Constructors' Championship. Haas retained Ocon and Bearman for the 2026 season and signed former Alpine driver Jack Doohan as a reserve driver. In December 2025, Haas terminated their sponsorship agreement with MoneyGram to pursue a title sponsorship with technical partner Toyota Gazoo Racing to compete as TGR Haas F1 Team.
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