News Details

2008-like F1 manufacturer exodus possible - Theissen

Apr.1 BMW's former F1 boss Mario Theissen says it is "of course" possible that the sport could witness an exodus of car manufacturers amidst the global pandemic. After the global financial crisis struck in 2008, four manufacturers involved in Formula 1 - Honda, Toyota, Renault and the Theissen-led BMW - withdrew from the series soon afterwards. Speaking to the BBC, Red Bull boss Christian Horner admitted that the impact of coronavirus "reminds me very much of the 2008 financial crisis - but this goes way beyond that". Theissen agrees, telling the Starting Grid podcast that a similar carmaker exodus "cannot be ruled out". "We just have to wait and...
Full Story »
Share

You May Also Be Interested In...

What is the impact of the global coronavirus...

With far-reaching measures already in place in several countries to...
5y ago from GPBlog.com

FIA imposes three-week shutdown on power unit...

The FIA has confirmed that power unit manufacturers must join Formula 1...
5y ago from MotorsportWeek.com

F1 engine manufacturers also close their doors

The summer break has been brought forward because of the coronavirus, so...
5y ago from GPBlog.com

Formula 1 to ban wind tunnel tests for next-gen cars...

Formula 1 teams will be unable to test their 2022 chassis in the wind...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

WRC Rally Scotland brings top tier rallying back to...

The 2027 WRC calendar should have an exciting new event on the calendar:...

Popular On GunnersToday.com

Mikel Arteta targets 50m+ La Liga star to supercharge...

Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
54m ago from CaughtOffside.com

Arsenal, Chelsea, and Newcastle eye 70m move for...

Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
1h ago from CaughtOffside.com

Thierry Henry tips 'oustanding' Arsenal bargain...

Arsenal legend Thierry Henry has backed goalkeeper David Raya to win...
9h ago from CaughtOffside.com

Premier League club could demand “in excess” of...

Manchester United and Arsenal are both looking to strengthen their...
11h 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.