News Details
Steiner calls on F1 to be a 'break even business'
Haas F1 team principal Guenther Steiner says that Formula 1 has to adjust its current business model and ensure that it makes financial as well as sporting sense for everyone involved. The disruption caused by coronavirus has put extra financial strain on all teams, with speculation that four or five teams are at risk of collapse if the situation is not addressed in time. It's resulted in calls for a much more aggressive cost cap than originally planned for 2021, something that it being resisted by Ferrari. However Steiner remains optimistic that F1 will find a sensible way forward. “I hope that at some stage this could be a break even business because that's what it should be,”...
Full Story »
Full Story »
You May Also Be Interested In...
Haas' Steiner at odds with 'customer cars' idea in F1
Haas team boss Guenther Steiner is emphatically against the idea of...
5y ago from F1i.com
Haas to remain patient amid crisis, but not forever -...
Haas team boss Guenther Steiner says Gene Haas is willing to wait longer...
5y ago from F1i.com
Haas boss Steiner unsure on team future
Haas team principal Guenther Steiner warns that a year without Formula 1...
5y ago from GPFans.com
Gene Haas "in a good place"; team "here...
Haas team principal Guenther Steiner has declared owner Gene Haas to be...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
4h ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
4h ago from Motorsport.com
MotoGP circuit contracts: How long will each race...
No description available...
1d ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
2d ago from Motorsport.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...
6d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
2d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
3d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
6d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Paul Merson predicts Manchester United vs Newcastle,...
Merry Christmas everyone! It's that time of the year in the Premier League...
2h ago from SportsKeeda.com
'We have to show that on the pitch' - Arsenal star...
William Saliba has opened up on Arsenal potentially winning the Premier...
2h ago from SportsKeeda.com
Wage demand sparks transfer frenzy, Arsenal want...
Juventus attacker Kenan Yildiz continues to be with the move away from the...
10m ago from CaughtOffside.com
Parma coach Carlos Cuesta: ‘Leaving Arsenal was...
niard, who at 30 has been coaching for half his life, discusses Arteta,...
4h ago from TheGuardian.com
Comments
Hottest News
F1 champion reveals moment he passed his peak and never...
Four-time F1 world champion Sebastian Vettel has... Read More »
50m ago from GPFans.com
Motorsport Week's F1 Moments of 2025: A childhood dream is...
My moment of the year has to be Lando Norris... Read More »
50m ago from MotorsportWeek.com
Max Verstappen loses perfect record as Lance Stroll tops...
RacingNews365 has taken a look into how many Q1... Read More »
50m ago from RacingNews365.com
