Haas has said he'll provide more details at a later date, but the rumors don't like to wait for official words. The German report said that the team could launch with a chassis built by Dallara from in-house designs, powered by Ferrari engines. Guenther Steiner, former technical director of Red Bull's F1 and NASCAR teams who runs a composites shop in North Carolina is speculated to provide the leadership.
There's a long way to go and other teams interested, but several outlets including the BBC have said "it is likely" the Haas entry will result in a team. In addition to his NASCAR team that fields four drivers, Haas owns CNC machine company Haas Automation and the full-scale, 180-mile-per-hour Windshear wind tunnel in North Carolina. It is also thought that his interest has to do with cost-cutting moves that are supposedly - and finally - coming to F1, but that would be quite the risk if it were; everyone has complained that the new V6 engines, which were supposed to save money, are more expensive than the V8s, the same teams that entered at the back of the pack during the first round of resource-restriction talks are still backmarkers, and even marquee teams like Lotus are in deep debt. We might know more about the old college try when Haas attends the NASCAR Media Tour press conference on January 27.