News Details
McLaren warn COVID-19 is final wake-up call for F1
McLaren principal Andreas Seidl says the current pandemic must serve as the final wake-up call to address the unsustainable financial state of Formula 1. The 2020 season is yet to get underway with the coronavirus pandemic causing the opening nine rounds to be shelved, while more are likely to follow. October is the deadline for racing to begin if there is to be a 2020 season, but as time goes on the sport and teams are losing income from lost race fees, broadcast rights and sponsorship deals. McLaren have taken advantage of the UK government's furlough scheme, which sees them pay 80% of employees wages up to £2,500 per month, to control their costs. But Seidl was clear that this pandemic...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
McLaren hoping 'bold decisions' follow final wake-up...
McLaren F1 boss Andreas Seidl says the COVID-19 crisis is perhaps the...
4y ago from F1i.com
COVID-19 a wake-up call for ‘unsustainable' F1
McLaren Racing CEO Zak Brown believes the COVID-19 pandemic has been a...
4y ago from PlanetF1.com
This is F1's 'final wake-up call', warns Seidl
While some in F1 do not appear to be singing from the same hymn sheet,...
4y ago from Pitpass.com
Sedil: This crisis is a final wake up call for Formula...
The COVID-19 crisis is a final wake-up call for an already...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia: I did a better job than Martin in MotoGP...
No description available...
3h ago from Motorsport.com
Aleix Espargaro has ‘sights set on podium' ahead...
Aleix Espargaro says that he aspires to be “competitive” in his final...
6h ago from MotorsportWeek.c...
Marquez set to ride both Ducati GP25 and GP24 bikes in...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
6h ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
5h ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
2d ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
3d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Get it nailed down' – Ex-Chelsea coach lashes...
Former Chelsea coach Jody Morris says he would have been ‘fuming'...
35m ago from CaughtOffside.com
'I was more afraid of him' - Arsenal legend David...
No description available...
1h ago from SportsKeeda.com
'I’m not sure I’d join Barca to be a backup' -...
No description available...
3h ago from SportsKeeda.com
Arsenal transfer news: Out-of-favour defender set to...
Arsenal are reportedly willing to accept a loan offer with an...
4h ago from SportsMole.co.uk
Comments
Hottest News
Haas facing Bearman quandary as Ocon plan emerges
Haas faces a decision over its future plans with... Read More »
4h ago from RacingNews365.com
FIA chief ‘FIRED’ as presidential crisis deepens
Another key figure from within the FIA has left... Read More »
3h ago from GPFans.com
Hamilton ABSENT as Mercedes announce driver release
Lewis Hamilton was absent from a stunning... Read More »
25m ago from GPFans.com
