Stewart sees challenge of winning as owner Jul 13, 2008
The companys founder, Gene Haas, began serving a two-year prison sentence for tax evasion in January. Custer said Gene Haas was not involved in making the deal with Stewart. (MSNBC -- Sports)
Stewart, Gibbs will have 'bittersweet' parting Jul 13, 2008
Current owner Gene Haas began serving a two-year prison sentence for tax evasion in January, and the team is not exactly competitive. Haas currently fields one car for Scott Riggs, and a second entry thats been piloted by several drivers this season. (MSNBC -- Sports)
Lars AndersonINSIDE NASCAR Jul 13, 2008
So will he succeed in transforming Haas Racing, which currently doesn't have a car in the top 35 in points and whose owner, Gene Haas, is in the midst of serving a two-year prison sentence for tax evasion. Well, it certainly won't happen overnight. (SportsIllustrated.CNN -- Racing)
Gibbs team bows to the inevitable, sets Stewart free to rejoin Chevy Jul 13, 2008
The team is for sale partially because team owner Gene Haas is a third of the way through a two-year prison sentence for tax evasion. The team is also under NASCAR scrutiny after drawing major penalties in May for sending two illegal cars to the Coca-Cola 600 at Lowe's Motor Speedway near Charlotte, N.C.. (San Diego Union-Tribune -- Sports)
Gibbs to release Stewart from contract after '08 Jul 13, 2008
" Now Stewart will have to find the same quality people to help him revamp Haas's two-car team. Current owner Gene Haas began serving a two-year prison sentence for tax evasion in January, and the team is not exactly competitive. Haas currently fields one car for Scott Riggs, and a second entry that's been piloted by several drivers this season. Neither team is inside the top-35 in points, and the organization was devastated by stiff NASCAR penalties in May for bringing illegal cars to Lowe's... (SportsIllustrated.CNN)
TONY STEWART: Job prospects keep growing Jun 28, 2008
The team is being run by Joe Custer while owner Gene Haas serves a federal jail sentence for tax evasion. The article mentioned as a possible teammate if the defending Daytona 500 champion leaves Penske Racing after this season. (USA Today -- Sports)
THE NEXT ONE: Logano looks like solid option for Joe Gibbs Jun 18, 2008
Negotiations are ongoing and owner Gene Haas, who is serving a 24-month sentence in federal prison for tax fraud, is offering Stewart an equity stake and control over the rebuilding of the organization from top to bottom. Haas' fortune isn't known because he's the sole owner of Haas Automation, which builds CNC machine tools and is a worldwide leader. (SportsIllustrated.CNN)
Haas-CNC Racing penalized for violations May 29, 2008
Gene Haas, who actually owns the fledgling two-car team, began serving a two-year prison sentence for tax evasion in January. The team is widely believed to be for sale, and two-time NASCAR champion Tony Stewart has acknowledged he's received an offer to buy the organization. (MSNBC -- Sports)
A glance at drivers racing in Daytona 500 Feb 16, 2008
Now he'll try to salvage his career at a lower-tier team whose owner, Gene Haas, recently was sentenced to two years in prison for tax fraud. At least he'll have Hendrick engines. (MSNBC -- Sports)
Yates' billboards are blank canvases Jan 18, 2008
HAAS GOES TO PRISON: Owner Gene Haas , who owns Chevrolets driven by Jeremy Mayfield and Scott Riggs , reported to federal prison Monday to start a two-year sentence for tax evasion. Not only will Haas, 55, have to serve all two years, he was ordered to pay $75 million in restitution and fines. (The Augusta Chronicle)
With contract talks stalled and two straight years spent out of the Chase, Greg Biffle may be looking for a new team next year. Nov 22, 2007
Team owner Gene Haas pled guilty to tax fraud and paid a $5 million fine and $70 million in back taxes and has been sentenced to 24 months in federal prison. Haas has deep pockets, but sponsorless teams rarely survive for very long. Look at what happened at Ginn Racing this year. (SportsIllustrated.CNN -- Racing)
Sports in Brief | No. 3 Memphis captures opener Nov 6, 2007
NASCAR team owner Gene Haas was sentenced to two years in federal prison after he pleaded guilty to defrauding the government of more than $34 million in taxes. Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCAR s Haas CNC Racing, was ordered to begin serving his term Jan. 14, according to the U.S. Attorney s Office in Los Angeles. (Yahoo News -- Auto Racing)
Briefs | Phelps breaks wrist in mishap on land Nov 6, 2007
Gene Haas, 54, owner of Oxnard, Calif. -based Haas Automation and NASCAR's Haas CNC Racing, was ordered to begin serving his term Jan. 14. (Yahoo News -- Auto Racing)
Fighting for his driving life, Jeremy Mayfield may have found the perfect team. Oct 14, 2007
Team owner Gene Haas owns the wind tunnel, which will be available early next year. Why would Green leave a team on the rise with owner points he worked for. (SportsIllustrated.CNN -- Racing)
* Sports Briefs Aug 29, 2007
Gene Haas, the 54-year-old owner of Haas Automation and NASCAR's Haas CNC Racing, agreed to pay a fine, back taxes and interest totaling more than US$70 million, the US Attorney's office said. Haas pleaded guilty to a felony charge for launching a plan to list bogus expenses that could be written off as business costs and save Haas Automation millions in taxes. (Taipei Times, Taiwan -- Business)
Briggs charged with leaving scene of accident after crashing Lamborghini Aug 28, 2007
Gene Haas, a NASCAR team owner, pleaded guilty to defrauding the government of more than $34 million in taxes. Golf. (San Diego Union-Tribune -- Sports)
Haas CNC Racing looks to expand as a NASCAR threat May 31, 2007
"Newman, 2002 rookie of the year, won 12 Cup races and 37 poles in 186 starts with Borland.By Seth Livingstone, USA TODAY HAAS BUILDING WIND TUNNELCONCORD, N.C. -- The addition of a 180-mph rolling road wind tunnel, located on property adjacent to Concord Regional Airport, figures to provide a huge advantage for Haas CNC Racing.Windshear Inc., owned by Gene Haas, will rent the 40,000-square-foot facility, which will be operational at the end of this year, to all racers, from Formula One and Indy... (USA Today -- Sports)
Shifting into a higher gear Feb 28, 2007
A $40 million wind tunnel developed by Wind Shear Inc., a sister company to Gene Haas' racing team. The operation next to Concord Regional Airport will be the third of its kind in the world. (Charlotte Business Journal, NC)
Parrott returns to Yates Aug 11, 2006
The tax fraud trial of NASCAR Nextel Cup and Busch Series team owner Gene Haas has been postponed from Aug. 15 to Jan. 27, 2007, at the request of Haas' attorneys. The trial could take up to six weeks to determine whether Haas, through his company Haas Automation, devised a scheme that created approximately $50 million in bogus expenses to avoid more than $20 million in taxes. (SportsIllustrated.CNN -- Racing)
Leicht eyes Cup debut Jul 15, 2006
One of the two counts of witness intimidation in the indictment of NASCAR team owner Gene Haas has been dropped. The U.S attorney's office asked for the dismissal of the charge because the five-year statute of limitations had expired. (SportsIllustrated.CNN -- Racing)
Not all hot wheels Jul 5, 2006
OTHER SPORTS FEATURES. TALK ABOUT SPORTS FEATURED DISCUSSION. (Orlando Sentinel)
Auto Racing Jul 4, 2006
Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCAR's Haas CNC Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation. 6. (Herald Sun)
Ward Burton is aproven driver who wants a Cup ride. So what are you waiting for? Jun 29, 2006
He's raced for two owners on the Cup level -- Bill Davis and Gene Haas -- and he knows the difference between a team that has a chance of winning and one that does not. Burton simply wants to race for an organization that has a realistic chance to compete. (SportsIllustrated.CNN -- Racing)
Armstrong denies latest drug accusations Jun 25, 2006
Gene Haas, a NASCAR team owner accused of defrauding the government of more than $20 million in taxes, was released on $10 million bail. Ann E. Ladd, 45, charged with stalking Hall of Fame announcer Bob Uecker, won't fight extradition to Wisconsin. (San Diego Union-Tribune -- Sports)
News briefs from around California Jun 25, 2006
Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation, was arrested earlier this week for investigation of conspiracy, filing false tax returns and witness intimidation. U.S. Magistrate Judge Patrick J. Walsh released Haas on $10 million bond on Friday, rejecting arguments by prosecutors that he is more likely to flee the country because of his incredible wealth. (Fresno Bee -- State)
NASCAR owner released on $10 million bail Jun 24, 2006
Gene Haas was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation ... Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCAR's Haas CNC Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation. (SportsIllustrated.CNN -- Racing)
Armstrong denies drug allegation Jun 24, 2006
Team owner Gene Haas, accused of defrauding the government of more than $20 million in taxes, was released on $10 million bail. Golf. (AZCentral -- Sports)
Auto Racing Notebook: Gordon looking for jump-start at Sonoma Jun 24, 2006
Gene Haas, 54, owner of Oxnard-based Haas Automation and NASCAR's Haas CNC Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation. Haas, who was accused of defrauding the government of more than $20 million in taxes, was released on $10 million bail. (Pittsburgh Post-Gazette, PA -- Sports)
Lester to race Fontana Jun 22, 2006
Haas Automation owner and founder Gene Haas was arrested Monday on suspicion of conspiracy, filing false tax returns and witness intimidation. Federal prosecutors say Haas orchestrated a plan to list $50 million in bogus expenses that it could write off as business costs. (SportsIllustrated.CNN -- Racing)
NASCAR owner charged with $20 million tax fraud Jun 22, 2006
Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCAR's Haas CNC Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation. Charges filed by the U.S. Attorney's Office accuse Haas of orchestrating a plan to list $50 million in bogus expenses that could be written off as business costs and save the company $20 million in taxes. (San Diego Union-Tribune -- Sports)
NASCAR owner faces charges Jun 22, 2006
Gene Haas, the 54-year-old owner of Oxnard, Calif. -based Haas Automation and NASCAR's Haas CNC Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation. (AZCentral -- Sports)
NASCAR owner accused of $20 million fraud Jun 21, 2006
Terry Renna / APGene Haas owns NASCARs Haas CNC Racing, which fields the No. 66 Nextel Cup car driven by Jeff Green, and Johnny Sauters No. 00 Busch Series car ... Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCARs Haas CNC Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation. (MSNBC -- Sports)
Devers demands an apology over 'Shadows' error Jun 21, 2006
NASCAR racing team owner Gene Haas was arrested on federal tax fraud charges of trying to avoid paying about $20 million in income taxes, the U.S. Department of Justice said in a press release. College football. (San Diego Union-Tribune -- Sports)
NASCAR ownercharged with$20M tax fraud Jun 21, 2006
Gene Haas, who owns the CNC Racing team, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation ... Gene Haas, the 54-year-old owner of Oxnard-based Haas Automation and NASCAR's Haas CNC Racing, was arrested Monday for investigation of conspiracy, filing false tax returns and witness intimidation. (SportsIllustrated.CNN)
BRAD LOCKE: Silent on Bonds; NCAA not all bad; Mr. Slow Jun 1, 2006
n NASCAR car owner Gene Haas wants to build a $40 million wind tunnel near the Concord, N.C., airport. Shoot, Tony Stewart's head would do the job a lot cheaper. (Northeast Mississippi Daily Journal)
Lowe's track no friend of Stewart's May 29, 2006
" Wind beneath his wings Gene Haas, owner of Haas CNC Racing, yesterday announced his plan to build a $40 million wind tunnel near Concord Regional Airport. Construction for the project is set to begin in January 2007 and is expected to be completed in a year. It will be the only wind tunnel in the world that features a single-belt system, and will generate 6,000 horsepower with a top speed of 180 mph. The project will also include a rolling road--a continuous belt of 1-millimeter steel--that... (Fredericksburg Free Lance-Star, VA)
Notebook: Stewart taken to hospital -- again May 29, 2006
Car owner Gene Haas said Sunday he plans to build a $40 million wind tunnel on property adjacent to the Concord Regional Airport. Cabarrus County officials have approved a three-year economic incentive grant for the project and Haas said city officials will help with electrical infrastructure. (SportsIllustrated.CNN -- Racing)
Bad Luck Stewart Lasts 33 Laps May 29, 2006
" SHORT NIGHT: In the longest race of the season, Dale Jarrett didn't make a full lap. Jarrett, starting near the back of the field, spun out and crashed in Turn 4 as the leaders were coming to the flag to complete the first lap. His mistake apparently was the result of a miscommunication with a new spotter. Eddie D'Hondt had been his spotter, but when he was fired as general manager of Robert Yates Racing last week, Jarrett got a replacement. Jarrett apparently didn't understand the spotter's... (Tampa Bay Online, FL -- Sports)
