Although the chassis and engine survived the impact, team boss Günther Steiner told reporters that “the cost is still quite high because all the suspension except the front left is gone. I think there’s something more to it. The rest is like powder. charcoal powder.”
“I don’t know about the money yet, but these cars, between the transmissions, the whole body is gone, radiators… somewhere between half a million and a million I’d say,” Steiner added.
He was flown to the hospital but discharged the same day after an initial examination showed he had no injuries.
As a result of the crash, Haas only entered one car at the Saudi Arabian Grand Prix.
Despite the setback, Haas, who finished last season without a single point, has started 2022 strong.
The team currently sits fifth in the Constructors’ Championship after Kevin Magnussen’s fifth and ninth place finishes at the Bahrain and Saudi Arabian Grands Prix respectively. Schumacher has not scored a point after the first two races of the season.
The additional costs from the crash are not yet impacting the team’s budget cap set by F1 regulations.
“There is a nominal amount [set aside]’ Steiner said, according to Autosport, ‘but in a racing team you can never stick to your budget like in a normal commercial business because you have that risk.’
“Obviously you have an emergency. But if you have two or three of them: your emergency is gone pretty quickly.”
“It’s a loss. So you just have to deal with it. Of course I hope that we don’t have many of them anymore.”
Steiner confirmed to Channel 4 that two cars would compete at the next Grand Prix on April 10 in Melbourne, Australia.