Danish driver Kevin Magnussen joins the Haas F1 Team for its 2017 campaign. [Photo courtesy of Haas F1]

Looking back at the season, owner and team boss Gene Haas has little regrets. "I think it was a very successful entrance into F1. We accomplished all of our major goals and, actually, surpassed what we expected at the beginning of the season."

Despite a successful first year, Haas will be unable to build on it due to the extensive regulation changes which have come in for 2017.

The new cars will be completely different. They will have higher downforce, longer noses, wider front and rear wings, barge boards, and much wider Pirelli tires.

Haas says that even though there are changes to the regulations, this year will should be easier than 2016 because the infrastructure of running the team is already in place. "If we can do a little bit better, we might be able to move up a position or two."

Haas has retained the services of Grosjean to lead the team in 2017. He will be joined by Danish driver Kevin Magnussen, who replaces Esteban Gutiérrez.