Haas Ditches Grosjean & Magnussen ‘For Financial Reasons’

Earlier reports suggested that both drivers wouldn’t be retained by Haas beyond the end of 2020.

Haas drivers Romain Grosjean and Kevin Magnussen have confirmed they will leave the American racing outfit at the end of the season.

The team has had a poor campaign thus far, struggling to score points due to a combination of having the weakest power unit on the grid and their chassis also having a number of deficiencies.

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As such, the Haas F1 Team is currently ninth in the Constructors’ Standings, with Grosjean and Magnussen scoring a grand total of three points so far this year.

Grosjean said team owner Gene Haas told him that he and Magnussen were being dropped for “financial reasons.”

“I knew probably one of us would go out because the financial situation with COVID has made life difficult for companies around the world.

“But when I spoke to Gene, he said: ‘For financial reasons, I need both of you out,'” Grosjean added.

Meanwhile, Magnussen said he will announce his plans for the future in due course and said he had a “great time” with Haas.

Haas F1 team principal Guenther Steiner thanked the two drivers for their “hard work and commitment to the Haas F1 team over the past few seasons.”

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With both Grosjean and Magnussen being shown the door, Haas will have an all-new driver line-up next year.

Nikita Mazepin is reportedly on course to join the team on a two-year deal, while Ferrari junior drivers Callum Ilott or Mick Schumacher will fill the second seat.

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