News Details

Haas' Steiner reveals key lesson learned from F1 crisis

Haas boss Guenther Steiner says the current economic downturn has highlighted Formula 1 teams' propensity to operate "too much on the edge". The emergence of the coronavirus pandemic has wreaked havoc on the F1 calendar but also on Grand Prix racing's finances, with teams unexpectedly deprived of income and struggling to make ends meet. Commercial rights holder Liberty Media, along with the FIA and in concertation with the teams, has implemented several cost saving measures to help safeguard the sport, and especially its smaller midfield competitors, during these difficult times. From a freeze on research and development to extending the life of this year's chassis designs into...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Bottas: 'Consistency and being on it' key to 2020 title

Valtteri Bottas will launch his 2020 season next month aiming to secure...
5y ago from F1i.com

Bottas: Maximising every race will be key

Formula 1 drivers will have to be more consistent than ever across race...
5y ago from GrandPrix247.com

Steiner: F1 should never have been so economically...

Haas boss Guenther Steiner says the measures Formula One has taken steps...
5y ago from espnF1.com

Bottas: We learned a lot about the new procedures

Tuesday's testing session was particularly helpful for Mercedes to learn...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Qatar GP ‘unlikely', but a ‘plan...

MotoGP Sports Entertainment Group has admitted that the Qatar Grand Prix...
12h ago from MotorsportWeek.c...

Michelin boss reveals potential cause of ‘never...

Marc Marquez admits the puncture that cost him a podium finish at the...
12h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Mick Schumacher’s IndyCar debut returns him to the...

Mick Schumacher began his IndyCar career this past weekend, competing in...

Watch: Mick Schumacher taken out on opening lap of...

Fans of Mick Schumacher could switch off early after his IndyCar debut at...

Popular On TotalWRC.com

Popular On GunnersToday.com

“No words needed” – Pascal Gross rips into...

Brighton & Hove Albion’s Pascal Gross has slammed Arsenal’s...
3h ago from CaughtOffside.com

‘Only one team tried to play’: Hürzeler hits out...

t;li>‘They are doing their own rules, no matter how they...
3h ago from TheGuardian.com

Arsenal fans will love what David Raya was seen doing...

Arsenal goalkeeper David Raya cemented his status as a fan favorite on...
4h ago from CaughtOffside.com

Arsenal go seven points clear with Bukayo Saka on...

enal did not come to see the seaside. They were not here to make friends...
5h ago from TheGuardian.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.