This is why Haas turned down millions of dollars for F1 team

In Formula 1, budget is all-important: the more money teams have to spend - despite the budget cap - the better the results (usually). The fact that Haas F1 finished 2023 in last place in the constructors' championship is perhaps not surprising to some given their budget. Haas could have had much more financial leeway, but owner Gene Haas put a stop to that.