News Details

Marko: Five lost races would cost us 100 million

Red Bull's Helmut Marko has revealed the financial toll COVID-19 is taking on his team, something he hopes can be at least partially alleviated by Formula 1's decision to delay its new regulations. Forced to work from his home office with the 2020 season on-hold due to the coronavirus pandemic, Marko revealed the factory is 'still working full throttle', but will feel the hit of lost grands prix in its pocketbook. 'All teams have to expect a loss of income,' he told Österreich. 'If five races are cancelled, 100 million will be lost.' Currently the first eight races of the season have been removed from their original calendar slots, but with F1 CEO Chase Carey having announced plans for a...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Carey: We apologise to those fans affected by the...

Formula 1 CEO Chase Carey has written to all F1 fans in the wake of the...
5y ago from GrandPrix247.com

F1 could delay 2021 rules introduction due to...

Formula 1 could delay the planned introduction of the 2021 regulation...
5y ago from Crash.net

Renault staff to work from home as shutdown looms

Renault's staff will work from home if possible as they prepare to...
5y ago from PlanetF1.com

COVID-19: F1 postpones 2021 rules to 2022 season

'Formula 1, the FIA and all ten teams have unanimously agreed to delay...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Brazil replaces Argentina as 2026 MotoGP calendar...

The 2026 MotoGP calendar has officially been released and the new season...

Popular On IndyCarToday.com

IndyCar Laguna Seca – Qualifying Results

IndyCar traveled to the West Coast for a round at the historic Laguna...

Alex Palou grabs IndyCar pole at Laguna Seca

IndyCar headed out for qualifying at Laguna Seca just before noon local...

Foggy conditions at Laguna Seca delay IndyCar’s...

The NTT IndyCar Series was set to hit the track early Saturday morning...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Viktor Gyokeres signs for the Arsenal

Morning. After a lot of slow stuff with regards to Viktor Gyokeres, when...
1h ago from Arseblog.com

Report: Arsenal now accelerating deal to sign £60m...

Arsenal have already made waves this summer by securing the signings of...
6h ago from FreshArsenal.com

Official: Arsenal confirm the signing of Viktor...

Arsenal have officially completed the signing of Viktor Gyökeres from...
8h ago from FreshArsenal.com

Report: Arsenal intensify efforts to sign 25-G/A...

Arsenal are looking to complete the signing of Crystal Palace attacker...
8h 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.