About Property:

Haas F1 Team[1] (previously known as Haas Formula and Haas Racing Developments)[3][4][5][6] is a Formula One racing team established by NASCAR Sprint Cup Series team co-owner Gene Haas in April 2014. The team was expected to make its debut at the start of the 2015 season,[5][7] but later elected to postpone their entry until the 2016 season.[8] The team will be headquartered in Kannapolis, North Carolina,[2] alongside sister team and NASCAR Sprint Cup entrant Stewart-Haas Racing, but the two teams will be treated as separate bodies.