News Details

Richards fears for the future of two midfield F1 teams

Motorsport UK chairman David Richards has urged Liberty Media to financially protect the sport's smaller teams, singling out two specific outfits whose future could be in jeopardy due to F1's current coronavirus freeze. The global onslaught of the pandemic has already led to the cancellation or postponement of the first eight races of the 2020 season, with additional events likely to follow. The sport as a whole is set for a massive revenue hit, with the teams bearing the brunt of the financial shortfall. But in the event of a sustained shutdown, the very existence of F1's weaker members will come under threat according to Richards. Marko says lost races 'could cost teams 100 million'...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Motorsport UK Chairman: Liberty should consider...

Liberty Media should consider dipping into its own pockets to support...
5y ago from GrandPrix247.com

'Distinct danger' F1 could lose small teams

Mar.26 David Richards has called on Liberty Media to ensure the smaller...
5y ago from OneStopStrategy.com

Vasseur worried about future of motorsport

Mar.23 The latest decisions made by Formula 1 may have saved some of the...
5y ago from OneStopStrategy.com

Budkowski fears 2021 rule will change ‘risk...

For a racing series that some would say is built on innovation, Renault...
6y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Carabao Cup final preview: A chance for silverware and...

Morning all, it's Carabao Cup final day. It's our first final since the FA...
1h ago from Arseblog.com

‘One-nil down, two-one up’: when Arsenal won their...

enal hope to win the trophy for a third time against Manchester City on...
3h ago from TheGuardian.com

The big League Cup final quiz

No description available...
11h ago from TheGuardian.com

‘We enjoy it’: Gabriel relishing Carabao Cup final...

der of Arsenal’s defence ‘gives everything for the badge’ and hopes...
11h 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.