The VF-16, Haas F1 Team's first racecar, has been introduced. The car was revealed February 21st to the world motorsport press at the Circuit de Barcelona - Catalunya, where it began pre-season testing, February 22nd.

Of all Haas machines with VF nomenclature, this four-wheeled, Ferrari-powered model has been perhaps the most eagerly anticipated since Gene Haas stated his intentions to enter the world's greatest race series, less than 2-years ago. Haas Automation Inc., the company Haas founded in 1983, is Haas F1 Team's principal sponsor and the genesis of the F1 venture.

"From an international standpoint, Formula One is the highest echelon of racing, and Haas Automation builds the highest-quality machine tools," said Mr. Haas, who has grown Haas Automation Inc. into the largest machine tool builder in North America, with more than $1 billion in annual sales.

"When you hear the words Formula One you know exactly what they stand for: a global racing series that invests in the latest technology and attracts the best talent in engineering and design.

"Haas Automation has an excellent reputation in the United States - for reliability, innovation, and value for money - and I want that reputation to continue to grow worldwide. Connecting Haas Automation with F1 in name and in practice is the best way to grow our business, and elevate Haas Automation to a premium, global brand."

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