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 »
Full Story »
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
Everything we know about Goiania Circuit –...
No description available...
13h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
21h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
19h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Premier League officials appear to confirm Arsenal...
Premier League officials have admitted that Arsenal benefited from two key...
8h ago from SportsKeeda.com
Arsenal plot £69m move for 10-goal ace to replace...
Arsenal are interested in signing the AC Milan attacker Raphael Leao at...
10h ago from CaughtOffside.com
Arsenal, Chelsea, and Newcastle eye 70m move for...
Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
11h ago from CaughtOffside.com
Mikel Arteta targets 50m+ La Liga star to supercharge...
Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
11h ago from CaughtOffside.com
Comments
Hottest News
Fred Vasseur not convinced new Formula 1 engine compression...
The Formula 1 grid was blindsided by Mercedes'... Read More »
46m ago from GrandPrix247.com
FIA set to fast-track engine ‘catch-up' rules
Mar.19 Formula 1's governing body is poised to... Read More »
37m ago from OneStopStrategy.com
F1 News Today: Max Verstappen furious as George Russell...
Team radio from last weekend's Chinese Grand Prix... Read More »
1h ago from GPFans.com
