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
Marquez sets scintillating pace in Thailand to end...
No description available...
23h ago from Motorsport.com
Barcelona to remain on MotoGP calendar until 2031
The Circuit de Barcelona-Catalunya has signed a new deal with Dorna to...
19h ago from MotorsportWeek.c...
Marc Marquez tops final MotoGP pre-season test at...
Marc Marquez finished the final day of the Buriram MotoGP pre-season test...
20h ago from MotorsportWeek.c...
Ducati announces decision to use 2024 engine for all...
Ducati team manager Davide Tardozzi has confirmed all six of its bikes...
21h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Doug Boles named IndyCar President in leadership...
The NTT IndyCar Series announced on Tuesday morning that longtime...
2d ago from MotorsportWeek.c...
Andretti Global shows off new liveries for 2025...
Andretti Global has revealed a trio of new liveries for the team’s cars...
1w ago from MotorsportWeek.c...
Power sets goal of five move competitive years in...
Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...
1w ago from MotorsportWeek.c...
Conor Daly thinks IndyCar should race in Mexico and...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Elfyn Evans leads Rally Sweden after Umeå sprint
In spite of running first on the road, Elfyn Evans and Scott Martin took...
14h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Club trying to remove Arsenal transfer target's £75m...
Inter Milan are reportedly working to tie star striker Marcus Thuram down...
1h ago from CaughtOffside.com
Arsenal given crucial advantage over Man United in...
Manchester United reportedly look like an unlikely destination for...
1h ago from CaughtOffside.com
A moment for Havertz + how will Arteta react?
Morning all, happy Friday to you. Arsenal yesterday confirmed that Kai...
2h ago from Arseblog.com
Real Madrid Transfer News Roundup: Los Blancos want...
No description available...
5h ago from SportsKeeda.com
Comments
Hottest News
FREE LIVE STREAM: Williams revealing 2025 car after big...
Are Williams about to fall in love with their new... Read More »
49m ago from SkySports.com
Sauber watch out! Stake to shut down UK operations per...
The UK's Gambling Commission has mandated the... Read More »
2h ago from GPBlog.com
Pirelli brings two-day tyre test at Jerez to an end
Following test outings at Paul Ricard and... Read More »
59m ago from F1Technical.net
