Former Formula One Haas team principal Guenther Steiner voluntarily dismissed his lawsuit against Haas Formula racing team Wednesday, after coming to an agreement in mediation proceedings.
Steiner sued the Formula One team in April 2024, claiming that it failed to pay him commissions from 2021 to 2023 and that the team had continued to use his name and likeness in promotional materials and to sell merchandise after it declined to renew its contract with Steiner.
Steiner dismissed the case with prejudice, so he cannot refile, after parties spent more than 28 hours in mediation.
Before Superior Court Judge Richard Gottlieb could decide on the parties’ requests for judgment; they reached an agreement, which was not made public Wednesday.
The case, which was deemed “exceptional” by the superior court in Charlotte, has largely proceeded through heavily redacted documents as attorneys work to prevent the financial details of the disagreement from becoming public.
Steiner helped to build Haas’ Formula One team, recruiting sponsors and crew members and helping to keep the team financially viable in the beginning. He served as team principal from 2014 to 2023, and debuted the team in 2016.
In January 2024, it was announced that team owner Gene Haas made the decision not to renew Steiner’s contract for the 2024 season, replacing him with trackside engineering director Ayoa Komatsu, and calling Steiner up to let him know his commitment of over a decade was over.
Haas Formula argued in legal filings that the crux of the dispute between the two parties is not a dispute over wages, but a dispute over if they had an agreement to pay Steiner for certain elements not included in his employment agreement.
Steiner was exempt from the Fair Labor Standards Act, Haas Formula said, and it asserted that the employment agreement between the two was not ambiguous. Because Steiner’s wages were not in dispute, it said, he is unable to succeed with his claims that the team violated the North Carolina Wage and Hour Act.
According to Haas Formula, Steiner was aware that certain payments would not be included in his employment contract when he agreed to it, “before bringing these claims years later despite continuing to perform under the Employment Agreement.”
“There is no dispute regarding unpaid wages, and even if there was, Plaintiff waived and is estopped from so arguing years later and only after his termination,” Haas Formula wrote in a memorandum.
It claimed that if the court were to find in Steiner’s favor, it would set a dangerous precedent to allow executives to “to lull their employers into believing that they agree to a compensation package, only to seek windfall years later by holding back their dispute.”
Steiner argued that accepting wages does not mean he relinquished his ability to sue, and that his wage and hour claim made under state law is bolstered by the Fair Labor Standards Act. He also said that Haas Formula breached its contract with him and used his likeness without his authorization.
Last October, Steiner told The Atlantic that he no longer speaks with Gene Haas.
“I don’t need him anymore,” Steiner said.
Steiner, who had initially “laughed off” rumors that he would sue the team for an ownership stake, said in his suit that the team became a fan-favorite largely due to his personal notoriety in Netflix’s docuseries “Formula One: Drive to Survive”, which he starred in starting in 2017.
His participation drove additional revenue that helped support the team, he said, which finished in the top 10 of Formula One’s Constructors’ Standings from 2018 to 2022 under his leadership. The team finished seventh in 2024 after Steiner’s departure.
Haas Formula did not immediately reply to a request for comment, nor did legal counsel for Steiner.