Schumacher, the son of legendary seven-time F1 world champion Michael, was airlifted to hospital for precautionary checks after suffering a massive 33G shu𝕴nt when he lost control of his car and slammed into the barriers at the exit of the high-speed Turn 1♓0 in Q2. 

The German was released without sustaining any injuries but d💖id not take part in Sunday’s race in Jeddah. 

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Haas has revealed that early investigations 🌠conducted in Jeddah indicate that the chassis and engine were the only major parts not written off in the high-speed 🐎accident, which almost ripped Schumacher's VF-22 car in two. 

"The chassis itself doesn't seem 🍸to be broken,” said Haas team principal Guenther Stein🍃er. 

“The side impact structure, yes, but you can change them. Obviously we need to do a proper check on the chassis but it looks like it is not too bad to be෴ honest.&n🐓bsp;

“The engine also, I was told from Ferꦐrari, seems to be okay. The battery pack as well. But then all the rest is broken!”

Asked how much the repair bill would likely be, Steineꦿr replied: "I think the cost is still pretty high because all the suspension is gone, except the front left. I think there's still something on the♛re. 

"The rest is just like powder, carbon powder. I don't know money-wise as yet but these cars, betwꦇeen gearbox, the whole bodywork's gone, the radiator… Between $500,000 to $1 million I would say.”

While teams are allowed to exclude some🎀 costs for crash damage from F1’s♛ new budget cap, Steiner admitted Haas cannot afford to have many big crashes this season. 

“There's 💃a nominal amount but in a racing team, you never can stick to your budget like in a normal commercial business, because you have this risk,” he said. 

“You have got obviously a contingency t🃏here. But if you have two or three like this - pretty quick your contingency is not there anymore. It's a loss. 

“So you just need to ꦏmanage. Obviously, I hope we don't have a lot more of them.”

Why did Schumacher not race in Jeddah? 

Despite being fit to race, Haas opted not to rebuild Schumacher’s car and dec🍃ided to withdraw it from Sunday’s grand prix. 

This was not due to a lack of spare꧙ parts, but to avoid tꦺhe risk of compromising the upcoming races. 

The American outfit is hoping to re-use the chassis for the Australian Grand Prix, subjec༺t to further tests.

Speaking in an appearance at the circꦗuit ꧋on Sunday, Schumacher said he would have been ready to race had Haas fixed his car. 

“I feel alright, not too sore either,” he said. “It just s🦩hows the safety of these cars these days to be able to walk away from this. 

“I think 20 years back from here people would🌺n’t be able to do that so thank you very much to everybody involved in the safety.”

Schumacher added: “I feel fit for it, but obviously car preservation an💞d parts are important if we waꦓnt to be racing in Melbourne. 

“We want to be able to race in Melbourne, and if let’s say something else happened in today’s race ꧑that might not be the case. I definitely want to get those points and I’ll get them in Melboﷺurne.” 

Haas currently sits fifth in the 2022 constructors’ championship thanks to the 12 points scored by Kevin Magnussen across the oಞpening two races in Bahrain and Saudi Arabia.