Ecclestone doubts that Haas can afford Formula 1 project 24 January, 2014 Gene Haas with Tony Stewart F1 supremo Bernie Ecclestone does not think that multimillionaire NASCAR team owner Gene Haas can afford to enter Formula 1 in 2015. Haas, with an estimated net worth of $740 million, announced recently that he has responded to the FIA’s ‘call for expressions of interest’ in filling the vacant slot in pitlane. Haas co-owns the NASCAR team Stewart-Haas, heads one of the best wind tunnels in the world, and according to Auto Motor und Sport he would start in Formula 1 with a healthy three-digit million budget. But Formula 1 chief executive Ecclestone told Racer that he thinks it “most unlikely” that Haas will enter Formula 1, because of the sport’s huge costs. [Haas and his team] have been talking about it for three years,” Formula 1 business journalist Caroline Reid quoted Ecclestone as saying. “Somebody can have 10 billion in the bank but it doesn’t mean they are going to spend it.” (GMM) Subbed by AJN.