News Details

Hyundai: ‘Better places than F1 to burn money'

Hyundai have no intention of joining Formula 1, with boss Albert Biermann stating that the sport is far too expensive. Manor's collapse following the 2016 season has seen the Formula 1 grid dwindle to 20 cars but there is hope of attracting new manufacturers in future. The likes of Audi have been present at recent engine meetings with a view to potentially joining Formula 1, but Hyundai have no such plans. 'Formula 1 is like burning money,' said Biermann. 'There are more interesting ways of burning money.' Hyundai, who are in the process of growing their N sub-brand, instead see their future in the Touring Car Racing championship. 't's essential to have that link to the high emotional...
Full Story »
7y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Rosberg could return to Formula 1 – Mercedes boss

Nico Rosberg could one day return to formula one. That is the view of his...
7y ago from ThisIsF1.com

No contract talks at Ferrari just yet

Ferrari won't be entering talks with their drivers about 2018 just yet...
7y ago from PlanetF1.com

One Love to The Chain - the Formula 1 top 10

To mark BBC Music Day, BBC Sport has come up with a top 10 of some of the...
7y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Valencia signs deal to remain on MotoGP calendar until...

The Circuit Ricardo Tormo has signed a new deal with Dorna to stay on the...
12h ago from MotorsportWeek.c...

Alex Marquez hits back at ‘disrespectful’...

Alex Marquez has hit back at claims he has “too much respect” for...

Marco Bezzecchi takes responsibility for crashing out...

Marco Bezzecchi admits he made "a bad mistake" on the first lap...

Marc Marquez identifies surprise name as his main...

Marc Marquez identified a surprise name he believes is his main MotoGP...

Popular On IndyCarToday.com

Pato O’Ward ran nearly 50% of Thermal race without...

Pato O’Ward finished second in Sunday’s race from The Thermal Club,...

Christian Lundgaard on Alex Palou’s dominance:...

Alex Palou won last weekend’s IndyCar race from The Thermal Club,...

Popular On TotalWRC.com

Elfyn Evans bags the big game on Safari

Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...

Popular On GunnersToday.com

Viktor Gyokeres transfer latest: One Premier League...

One Premier League club has been ruled out of the race to sign Sporting...
2h ago from SportsMole.co.uk

Martin Keown claims Arsenal have secretly sealed the...

Arsenal are set for a crucial summer transfer window, with their primary...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.