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Haas F1 say no impact from tariffs hitting owner's business

  • On April 9, 2025, Gene Haas's machine tool company reported a decrease in demand.
  • President Trump's trade tariffs are affecting both domestic and foreign sectors.
  • Haas Automation is reducing production and also scrutinizing the tariff impacts.
  • The company anticipates tariffs could cost them $30 to $50 million on cast iron.
  • The Haas Formula One team stated it is carrying on as normal operations.
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  • 60% of the sources are Center
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Planet F1 broke the news in United Kingdom on Tuesday, April 8, 2025.
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