Gene Haas, co-owner of former NASCAR champion team Stewart-Haas Racing, has officially received a Formula One team license by the FIA. The new squad could begin racing as soon as the 2015 F1 season.
"Obviously, we're extremely pleased to have been granted a Formula One license by the FIA. It's an exciting time for me, Haas Automation and anyone who wanted to see an American team return to Formula One," said Haas in a statement to Autoweek.
Last year, the FIA announced it would begin accepting applications for new teams to join the sport, and Haas was among the early rumored applicants. He was recently considered a front-runner among the potential teams.
F1 has been a tough place for Americans in recent years. The USF1 team attempted to break into the sport but suffered financial trouble. There have also been the ongoing attempts to add a race in New Jersey to the calendar. The early success of the Circuit of the Americas shows that we aren't entirely unlucky at F1, though. Maybe, Haas' team will be another positive example.