Date: 4th September 2014 at 8:11am
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Hass F1 team will run with Ferrari engines and gearbox from when they enter Formula One in 2016.

American team owner Gene Haas has confirmed that his team have signed a technical partnership with Ferrari, which will see the fledgling Formula One team run with Ferrari?s V6 turbo engine, energy-recovery systems, gearbox as well as receiving technical support.

They join Sauber and Marussia as customers of the Italian manufacturer.

The FIA announced in December 2013 that they had opened the tendering process for a new team to enter Formula One as early as 2015.

The Formula One paddock shrank to eleven teams after the former Hispania/HRT team dissolved at the end of the 2012 season.

So the news of a new ’12th team’ to enter the sport was excellent news, especially a veteran motor sport team like that of American outfit Haas.

Haas has had many years in American motor racing, he co-owned the Indy Car team Newman-Haas which 1992 Formula One World Champion Nigel Mansell won the 1993 title with and alongside Tony Stewart, he now owns a team in USA’s top motor sport series NASCAR.

He’s also affiliated with Guenther Steiner, a former technical director at Red Bull and Jaguar and will bring a fresh approach to the Formula One grid.

Haas has previously opened talks with Italian chassis manufacturer Dallara regarding their first development, so a partnership with Ferrari will see a heavy Italian influence on the American team.

?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?ll be a part of Haas F1 Team?s beginning,? Hass told Sky Sports.

?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.?