News Details

Richards: Formula 1 cannot afford to lose teams

Motorsport UK chairman David Richards has called on Liberty Media to stand by Formula 1 teams to ensure they don’t go bankrupt during the uncertain world invaded by COVID-19. Of particular concern is the fact that the majority of the sport's race teams have bases in the United Kingdom which is in lockdown in keeping with the international community all afflicted by the coronavirus. Mercedes, Red Bull, McLaren, Renault, Racing Point, Williams and a host of key suppliers are based in the United Kingdom. With the season in pause mode, half the season chopped at huge expense and no certainty when it will resume. Apart from the top three or four teams, F1 outfits are not flush with cash....
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

UK-based teams to shut down factories earlier...

All Formula 1 teams based in the United Kingdom will have to close their...
5y ago from GPBlog.com

Motorsport UK Chairman: Liberty should consider...

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

Video: Indy legend Tony Kanaan sim racing in lockdown

Indycar legend Tony Kanaan meets Sadokist to talk about his view on sim...
5y ago from GrandPrix247.com

Tost discusses ‘scary' Italy lockdown

AlphaTauri principal Franz Tost says the situation in Italy is 'scary'...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP announces Qatar round postponed until November

MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...

How the 2027 MotoGP grid is shaping up

No description available...
2d ago from Motorsport.com

Popular On IndyCarToday.com

IndyCar Arlington – Qualifying Results

25 IndyCar drivers took to the track Saturday afternoon to decide the...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Taka-San: King of Kenya

At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...

Popular On GunnersToday.com

Arsenal hero Thierry Henry sums up feeling of watching...

Arsenal legend Thierry Henry has revealed his reaction to teenage...
1h ago from SportsKeeda.com

“It’s not over. Who said that?” - Guardiola...

Manchester City boss Pep Guardiola has sent a strong message to Arsenal on...
5h ago from SportsKeeda.com

Chelsea legend John Terry says Arsenal talent Max...

Chelsea legend John Terry compared Arsenal wonderkid Max Dowman to Lionel...
6h ago from SportsKeeda.com

Nerves were meant to afflict Arsenal, but Manchester...

t Ham draw shows City trying to create a sense of who they are, but...
6h 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.