Due to debut in 2016, Haas would become the first American-led Formula One team since the Haas Lola outfit (no relation), which contested the 1985 and 1986 seasons.
Founded by industrialist Gene Haas, founder of Haas Automation, the largest CNC machine tool builder in North America, the team's headquarters are in the United States on the same Kannapolis, North Carolina campus as his championship-winning NASCAR Sprint Cup Series team, Stewart-Haas Racing, though a European base has been established in Marussia's former factory in Banbury.
Having established a major technical partnership with Ferrari, Haas’ 2016 car was designed and built by Dallara, while one of the first appointments was that of former Jaguar and Red Bull technical director Gunther Steiner.
In September 2015, following weeks of speculation, Haas confirmed Romain Grosjean as lead driver, subsequently naming (Ferrari reserve) Esteban Gutierrez as his teammate.
On 8 January, the team revealed that it had passed the final mandatory crash test and would be ready for the opening test at Barcelona.
Only Gene Haas can reveal how he really felt at the end of a trying debut season.
Those first couple of races will have had the American wondering what all the fuss was about, only to subsequently discover the harsh reality of the sport.
You see, Grosjean's excellent drive to sixth in the season opener and fifth in the subsequent race in Bahrain not only gave the newbies points on their debut, the success of the team had the opposition crying 'foul'.
At a time the newcomers should have been lauded for their magnificent debut, rivals were lining up to query the 'special relationship' with Ferrari.
Of course, after Bahrain it was pretty much back to reality with an almighty bump, certainly at circuits where one's brakes were put to the test.
Though the opening brace of races provided 18 points over the course of the next 19 events the team only added a further 11 to its tally, indeed, after the summer break the American outfit only finished in the points once.
As the team floundered, Grosjean gave a running account of the difficulties it faced over the team radio: "this is the worst car ever", "this car is undriveable", on and on it went, the language ever more colourful.
However, who could blame the French youngster, his car clearly a beast to handle and his brakes continually failing.
To make matters worse, with no previous experience to draw on, the team struggled with its tyres also, this in combination with the brake issues testing the patience of Grosjean and Gutierrez to the limit.
Twice Grosjean failed to even make it to the start, even so the team had one of the worst finishing record of the year, only Sauber and Renault doing worse.
The situation wasn't helped by Gutierrez who had a pretty anonymous season indeed his clash with Alonso in Melbourne seeming to be the only time we heard about him. No surprise therefore that at season end Haas effectively said 'thanks, but no thanks' and recruited Kevin Magnussen.
Despite the many negatives, the team did at least finish 8th in the standings, ahead of Renault, and those early points were proof of what is capable.
With an experienced hand like Steiner at the helm, and the lessons of 2016 (hopefully) learned, the American outfit headed into 2017 with a better idea of what to expect, and with the combined resources of Ferrari and Dallara hoped to further establish a foundation on which to build.
That said, was there a single fan out there who didn't punch the air in delight and shout "yes!" when, in the final stages of the United States Grand Prix, Guenther Steiner told Grosjean to "shut up" over the team radio.
All season long, the Italian, his team and us long suffering fans had been subjected to the Frenchman's endless complaints - only a few of which were justified - therefore when Steiner spoke he spoke for all of us.
In fact, in terms of reliability, Grosjean had little to complain about, certainly compared to his long-suffering colleagues at McLaren, Red Bull and Toro Rosso, while the Sauber duo will have envied the Frenchman for the fact he had the latest-spec Ferrari engine powering his car.
All thing considered, 2017 was a pretty good second season for the American team, and while it once again finished 8th in the standings it scored almost double the points of 2016. Indeed, when one considers that in only its second season the American outfit faced a major overhaul of the regulations, it - along with its partners - handled things pretty well.
Whereas in its debut season the team only scored points at five races, in 2017 this became thirteen, a good effort when you consider just how competitive the midfield battle was.
Beginning the year with a double retirement, a brace of 8ths in the subsequent races helped the team settle down at a time panic could have easily set in. And while the upgrade in Spain did little at the time, the American outfit subsequently enjoyed a fairly impressive run.
Admittedly, reliability was more of an issue than we previously suggested, with the team suffering DNFs due to a myriad of reasons including water leaks, suspension, electrics, hydraulics and even an errant wheel nut. However, as in 2016, it was the brakes that caused the biggest headaches, certainly for a certain Frenchman.
A double points finish in Japan set the team up nicely for Austin, where, with the team now looking at sixth in the standings, a final update was to be introduced.
Sadly, it had little effect and as a result not only did the American team fail to overhaul Toro Rosso, it was leapfrogged by Renault also.
Both drivers gave a good account of themselves, and while Magnussen's aggression didn't go down well with rival drivers the team gave him its full support. On the other hand, if the Dane can temper his aggression and improve his qualifying performances, he could well put his teammate under some serious pressure.
Other than the moaning, which, let's be honest, is because he wants to be able to deliver the best performance possible, Grosjean continued to impress.
While Austin was a disappointment for the team, the double retirement in the season opener was another low.
With both drivers retained for 2018, Haas could expect an altogether tougher season, for while McLaren would no doubt be more competitive having switched to Renault engines, Sauber would also now have access to the latest Ferrari unit, which meant added competition for the American team.
Whatever team owner Gene Haas thought of his team's opening two seasons, the American was about to face his toughest test since entering the sport and it was going to be interesting to see how he and his team dealt with it.
Having suffered that double DNF in the 2017 season opener, it seems hard to believe that exactly the same fate befell the team a year later.
This time around however, rather than suffering a water leak and suspension issue, both drivers were eliminated following unsafe releases while destined for a decent points haul.
Sadly, this was a glimpse at the biggest issue facing the American team, inexperience and the seeming inability to learn from mistakes.
Already benefitting from its close ties to Ferrari - a source of major irritation to several rivals - Haas, like Sauber, was given a further boost by the engine upgrades introduced over the course of the season.
However, a topsy-turvy season for both drivers, combined with a number of other totally unnecessary errors from the team, saw Haas fail to fully capitalise and ultimately lose the fourth sport to Renault.
Despite the concerns at the close ties with Maranello, which included much of the Ferrari rear end, the FIA insisted all was above board.
Nonetheless, failure to abide by the rules over the legality of its floor cost Grosjean sixth place in Italy, while at the team's home race Magnussen was disqualified for using too much fuel after the Dane had finished eighth. In total, the team's mistakes cost at least 22 points.
Of course, the drivers didn't help, certainly in Grosjean's case.
Where to begin? The crash behind the safety car in Azerbaijan? The kamikaze attack on the entire midfield in Spain? The numerous incidents at his home race - where he tangled with countryman Leclerc - or the clashes with Sainz and teammate Magnussen at Silverstone?
In Singapore he was rightly penalised for his flagrant ignoring of the blue flags, while another encounter with Leclerc - this time in Austin - saw the Frenchman come dangerously close to a second race ban.
Yet there were some typically strong performances also, Austria, Germany, Italy and Japan being the examples that spring to mind.
Curiously, while Grosjean had a poor start to the season, improving in the second half, it was exactly the opposite for Magnussen, who started the season well but then inexplicably faded away.
Bouncing back from the disaster that was Melbourne, Kevin gave himself and his team the ultimate confidence boost by finishing fifth in Bahrain and claiming sixth in Spain just a few weeks later.
However, a strong mid-season spell was followed by an inexplicable lean period in the second half of the year when there were times one wondered if Kevin was still racing.
Other than his unexplained loss of pace in the second half of the season - during the races and in qualifying - over the course of the year Kevin was once again embroiled in a number of questionable incidents with rival drivers. Also, at a number of races, not least Monza and Singapore, he was inexplicably off his teammate's pace.
That said, the Dane's two DNFs were not down to him, and over the course of the year he showed impressive consistency.
If ever the phrase "could do better" applied, it would do so not only in terms of Haas but its two drivers. Both clearly have the potential but simply weren't consistent.
Meanwhile, the team must learn from its mistakes. Ignoring the unsafe releases in Melbourne, the floor saga was a fiasco, and played into the hands of its rivals, particularly Renault.
Though the American team is clearly improving year on year, in 2019, having retained both drivers, it will face tougher competition from the likes of Renault, not to mention Sauber and whatever Racing Point finally decides to call itself.
One factor worth pointing out is that despite its close relationship with Ferrari, 2018 saw Haas show the first signs of a political stance, and not one that fits with the Maranello narrative.
Team owner Gene Haas referred to those teams outside the Mercedes/Ferrari/Red Bull bubble as Formula B, while Guenther Steiner admitting that unless F1 is overhauled and the playing field truly levelled he doesn't see the point of remaining in the sport.
Another test of his resolve could come in the form of the title sponsorship deal agreed with Rich Energy, the mysterious company that was linked with a buy-out of Force India last year but which doesn't appear to have anything like the sort of finances needed even for a significant sponsorship deal.
Should the deal fall apart, and we strongly believe that it will, it could be just enough to cause Haas to think again, especially with the ongoing dithering over the 2021 rules.