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

Marco Bezzecchi stuns to take Austrian MotoGP pole as...

Marco Bezzecchi stunned the field to take pole for the Austrian MotoGP...

Marc Marquez completes clean sweep by topping final...

Marc Marquez continued his imperious form by topping the final Austrian...

Popular On IndyCarToday.com

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Crystal Palace interested in 25-year-old Arsenal star...

Crystal Palace are reportedly interested in signing Arsenal star Jakob...
1h ago from SportsKeeda.com

'I haven't fulfilled my dreams here yet' | Bruno's...

Manchester United captain Bruno Fernandes discusses leadership groups,...
3h ago from SkySports.com

Arsenal chasing Brazilian defender after Mikel Arteta...

Arsenal are reportedly interested in signing Palmeiras defender Benedetti....
3h ago from SportsKeeda.com

Sources: Arsenal & Man United 'closely following'...

South Korean midfielder Lee Kang-in, who plays for Paris Saint-Germain, is...
6h ago from CaughtOffside.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.