Iconic team owner Carl Haas dies at 86

Successful motor racing team owner Carl Haas, a former business partner with the late Hollywood actor Paul Newman, has died at the age of 86, his official website reported on Thursday.

Haas, whose teams won 16 championships and more than 140 races over four decades in Can-Am, Formula One, NASCAR and IndyCar, died at his home surrounded by family on June 29.

Scotland's Dario Franchitti, a four-time IndyCar Series champion, was among a host of big names in motor racing who paid tribute to Haas on Thursday.

Franchitti tweeted: "Rest in peace Carl Haas. A legendary owner, a hard business man with a heart of gold. Hilariously eccentric, we'll never see his like again."

He previously ran a Formula One team during the 1980s and a NASCAR team in the 1990s while he operated the Milwaukee Mile race track and the Houston Grand Prix race from 1998-2001.

In autumn 1984, Haas had successfully negotiated a sponsorship deal with Beatrice Foods for his CART team. As part of the agreement, Beatrice agreed to help fund an expansion of the team into Formula 1 with primary sponsorship of the effort.

F1 veteran, at the time, Teddy Mater was partner in the project which commissioned Lola to build the chassis. The team entered the 1985 Italian Grand Prix and ran their final race a year later at the Australian Grand Prix.

They scored no points in the nineteen races they contested and employed Alan Jones, Patrick Tambay and Eddie Cheever to do the driving.

Stateside, Haas created and co-owned Newman Haas Racing with Newman and Mike Lanigan, a team that became one of the most successful in Indy Car from 1983-2011 where Mario Andretti spent the last 11 years of his illustrious racing career.

Haas, known for his love of cigars, earned him a place on the '50 Newsmakers of the Half-Century' list compiled by the American Auto Racing Writers and Broadcasters Association in 2004.