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34Newman-Haas closing doors after nearly 30 years of racing

Storied racing team Newman-Haas has officially closed up shop. Despite finishing fourth in Indycar's overall driver standings in 2011, the team reportedly couldn't find the sponsorship necessary to continue operations. Founded in 1982 by actor Paul Newman and Carl Haas, the team racked up 107 wins and a total of eight championships. Legendary names like Mario and Michael Andretti and Christian Fittipaldi all spent time in the cockpit of Newman-Haas racecars. Despite a long and successful history

4Carl Haas takes over distribution of Panoz race cars and parts

Before Carl Haas became better known as Paul Newman's partner in Newman-Haas racing, racers themselves knew Haas as the importer for Lola racecars and parts in North America. In recent years, Haas has continued as a distributor for Hewland gearboxes and has now assumed distribution and service responsibilities for Elan Motorsport Technologies (EMT).

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