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COVID-19 a wake-up call for ‘unsustainable' F1
McLaren Racing CEO Zak Brown believes the COVID-19 pandemic has been a wake-up call for the 'unsustainable' F1 business model. The first nine races of the 2020 season have been postponed due to the pandemic, with the UK-based teams, including McLaren and Renault, placing most of their staff on furlough. It's widely accepted that Formula 1's current business model can't be sustained, hence why the budget cap is coming from 2021. And Brown believes the coronavirus outbreak has been a wake-up call for the sport. Speaking on Sky Sports' latest vodcast, he said: 'I think in life when you have something that's hit you, a crisis or an issue, you can either run towards it and try and solve the...
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4y ago from PlanetF1.com
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