Felipe Nasr reckons the new Haas Formula 1 team will become "very competitive" in a short space of time thanks to the might of its resources.Haas has entered F1 with strong ties to Ferrari and is understood to have a decent midfield budget. Fellow Ferrari customer Sauber has struggled financially...

Sergio Perez insists Force India is still gaining plenty from this week's Formula 1 test in Barcelona, despite only having its 2014 car.With its new challenger not expected to be ready until next week's final pre-season test, Force India has had to run an updated VJM07 this time out. Although...