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Brown warns of 'potentially devastating' threat to F1 teams
McLaren boss Zak Brown says the coronavirus crisis could threaten the very existence of several teams if the sport's current situation is not dealt with "aggressively" by Formula 1. A disrupted 2020 season that has yet to get underway and the prospect of teams' revenues dropping off a cliff has put F1 "in a very fragile state" according to Brown. The McLaren chief will be meeting on Monday with his fellow team bosses to discuss the future and potential cost-saving measures, including a lowering of next years' mandatory $175m budget cap. Smaller F1 teams target budget cap reduction to $100M! "This is potentially devastating to teams, and if [it is devastating] to...
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