News Details
Horner: Liberty would bail out struggling teams
Red Bull principal Christian Horner believes Formula 1's owners Liberty Media would bail out any struggling teams to protect the series. The 2020 Formula 1 season is on hold with the first nine rounds called off due to the COVID-19 pandemic, and unsurprisingly this is hurting the teams financially. In the UK Haas, McLaren, Renault, Williams and Racing Point have all taken advantage of the furlough scheme that sees the government contribute 80% of an employees wages, up to £2,500 a month. There have also been salary cuts for big earners throughout the Formula 1 grid. FIA president Jean Todt recently admitted that losing some of the smaller teams was possible due to the financial...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Horner believes Liberty would rescue battling F1 teams
Christian Horner Red Bull Racing Team Principal Christian Horner believes...
5y ago from SpeedCafe.com
Red Bull reassures smaller teams: 'Liberty Media will...
Christian Horner thinks Liberty Media is not going to let it happen that...
5y ago from GPBlog.com
Liberty Media doubles Maffei annual salary to $44...
Big earners are plentiful in Formula 1. Bernie Ecclestone was the best...
5y ago from GPBlog.com
Furloughing McLaren F1 staff essential to protect...
McLaren’s “difficult” decision to place its Formula 1 staff on...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2h ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
3h ago from Motorsport.com
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
1d ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from an action-packed IndyCar race...
No description available...
20h ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1d ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
1d ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
21h ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
1d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
5d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bid prepared: Arsenal considering move for contract...
Arsenal are reportedly considering a summer transfer window move for...
27m ago from CaughtOffside.com
'He's out' – Arteta confirms key Arsenal star...
Arsenal’s quest for a maiden European crown faces a significant hurdle...
3h ago from CaughtOffside.com
U-turn: Report reveals surprise outcome of recent...
Arsenal may reportedly have cooled their interest in the potential...
6h ago from CaughtOffside.com
The big boys are back for Leverkusen trip
Morning all. We're in Champions League action this evening, taking on...
5h ago from Arseblog.com
Comments
Hottest News
Toto Wolff responds to McLaren's Mercedes complaint and...
Toto Wolff has hit back at its F1 rivals who rely... Read More »
4h ago from GPFans.com
F1: Chinese Grand Prix: Preview - Ferrari
There were encouraging signs in Australia, but... Read More »
1h ago from Pitpass.com
Norris downplays Mercedes win, insists Ferrari ‘have the...
Reigning F1 world champion Lando Norris has... Read More »
2h ago from F1i.com
