HAN Formula Student Team Revenue and Competitors

HAN Formula Student (HFS) is an international student raceteam that participates in the biggest design competition in the world, called Formula Student. For this competition, HFS develops a completely new vehicle every year to prove our engineering and business knowledge. The team is located within the HAN University of Applied Sciences in Arnhem, the Netherlands. And with 34 international members from all faculties in the HAN UAS, the team has a broad knowledge about engineering, management, business and communications that compliments the teams performance in every aspect. After founding the team in October 2015, HFS had a very successful first year while participating in the most renowned Formula Student event in the world, on the Hockenheimring in Germany. The HFS-01, the first car HFS ever build, completed every dynamic event during the competition, ending in the 50th place out of 75 participants in the Combustion class. Over the past 11 years that Formula Student Germany is held annually, there never was a first-year team that completed every dynamic event, until HFS came around. In the season of 2016/2017, HFS is developing the HFS-02 that will be a big improvement over the first vehicle. While the weight will be reduced by roughly 33%, the designs have been revised to end up with a high quality and durable racecar. The HFS-02 will be revealed on June 28 2017, at the HAN Automotive faculty.