News Details

Manufacturers could walk away from F1 says Szafnauer

When the dust settles on the financial crisis, Racing Point team principal Otmar Szafnauer says F1 may be short a manufacturer or two. Formula 1 is on an extended hiatus, the sport waiting for governments to give the all-clear to go racing. F1 chief Chase Carey is hoping for a July start to the season but that has yet to be set in stone. In the meantime the F1 teams and their manufacturers are taking huge financial hits with Szafnauer saying that could force some of the manufacturers to weigh up whether the cost of competing in F1. 'The thing with the manufacturers, not so much in Formula 1, but in their regular business of developing and selling and designing road cars, it's a very, very...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Szafnauer: We're still the smallest Formula 1 team

The investment of Lawrence Stroll is yet to change the fact that Racing...
5y ago from GrandPrix247.com

Szafnauer says Racing Point 'still on a tight budget'

Racing Point's financial situation might be much healthier than it was in...
5y ago from F1i.com

Szafnauer remains modest: 'Despite Stroll still the...

Racing Point has received a substantial cash injection since Lawrence...
5y ago from GPBlog.com

Racing Point ‘smallest' team despite Stroll's...

When Lawrence Stroll bought his F1 team he handed Racing Point a healthy...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Portland – Race Results

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

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Alex Palou clinches title, becomes IndyCar’s newest...

Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

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

Popular On GunnersToday.com

Sources: La Liga club could offer Arsenal misfit...

Arsenal are ready to consider offers for left-back Oleksandr Zinchenko as...
37m ago from CaughtOffside.com

Thursday bits: The captaincy, Zinchenko on not playing

Morning. The new season creeps ever closer. Maybe that's why people seem a...
1h ago from Arseblog.com

Report: Aston Villa in talks to sign Arsenal attacker

Aston Villa are exploring the opportunity to add attacker players to their...
1h ago from CaughtOffside.com

Heated moments that get more fiery each time! Best of...

Ahead of their season opener live on Sky, take a look at the most heated...
2h ago from SkySports.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.