News Details

Szafnauer: Savings of £10 million are possible

Formula 1 teams can save up to £10 million on car development if the sport encourages the reuse old components, says Racing Point boss Otmar Szafnauer. A hot topic with F1 shut-down due to the COVID-19 pandemic, many smaller teams on the grid are believed to be concerned about finances should the absence of races continue. However as Szafnauer explains, there are ways to limit expenses should the need arise. 'We took an old chassis into the next season three times,' he told Auto Motor und Sport. 'And not only that. In the difficult years, the suspension and the gearbox also remained the same. 'If you can take the old chassis, you can save up to a million and a half pounds. If you add the...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

F1's Project Pitlane to assist in pandemic fight

Formula 1 has revealed further details of the manner in which the seven...
5y ago from MotorsportWeek.com

Richards: Liberty were very late in their decision...

Former BAR-Honda and Benetton team principal turned Motorsport UK...
5y ago from GrandPrix247.com

Marko: Five lost races would cost us 100 million

Red Bull's Helmut Marko has revealed the financial toll COVID-19 is...
5y ago from GrandPrix247.com

Formula 1 to ban wind tunnel tests for next-gen cars...

Formula 1 teams will be unable to test their 2022 chassis in the wind...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Popular On GunnersToday.com

Report: Arsenal eyeing up a move for 20-year-old...

Arsenal are interested in signing Club Brugge midfielder Aleksandar...
3h ago from CaughtOffside.com

Sources: Man United & Arsenal enter race for...

Genk’s teenage sensation Konstantinos Karetsas has rapidly emerged as...
10h ago from CaughtOffside.com

Years after snubbing transfer to Liverpool and...

German footballer Julian Draxler has opened up on his failed move to...
8h ago from SportsKeeda.com

‘A quick learner’: how Declan Rice went from...

fielder will be part of the conversation for a Ballon d’Or if he...
7h 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.