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
Pecco Bagnaia demands answers from Ducati: “I’m...
No description available...
6h ago from Motorsport.com
Marc Márquez reigns supreme in Austria with...
t;li>Marc Márquez takes 142-point lead over brother AlexWins sixth GP...
5h ago from TheGuardian.com
Marc Marquez did feel Fermin Aldeguer threat in MotoGP...
No description available...
6h ago from Motorsport.com
MotoGP Austrian GP: Marc Marquez pulls off yet another...
No description available...
9h ago from Motorsport.com
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...
1d ago from MotorsportWeek.c...
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
3d ago from MotorsportWeek.c...
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
6d ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
2d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
4d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
5d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
2w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Ruben Amorim worryingly has to tell Altay Bayindir how...
Manchester United manager Ruben Amorim has responded to his goalkeeper...
3h ago from CaughtOffside.com
'Glaring issue' – Gary Neville names the signing...
Manchester United legend Gary Neville has made it clear that his old club...
1h ago from CaughtOffside.com
'It's the FIRST game, Roy!' | Keane's response to...
Following Bruno Fernandes' post-match interview, Roy Keane, Micah Richards...
3h ago from SkySports.com
'How many times has this guy saved us man' 'Mister...
Fans on X have praised Arsenal goalkeeper David Raya for his display in...
3h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen tipped to have new world champion team-mate...
Max Verstappen has raced alongside a poor run of... Read More »
7h ago from GPFans.com
Darth Maul or Mercedes driver? F1 star stuns fans with mad...
Mercedes F1 reserve driver Valtteri Bottas left... Read More »
1h ago from GPFans.com
Max Verstappen backed for early Red Bull exit as Lewis...
Catch up on the biggest news stories of the day... Read More »
2h ago from RacingNews365.com
