News Details
McLaren warn COVID-19 is final wake-up call for F1
McLaren principal Andreas Seidl says the current pandemic must serve as the final wake-up call to address the unsustainable financial state of Formula 1. The 2020 season is yet to get underway with the coronavirus pandemic causing the opening nine rounds to be shelved, while more are likely to follow. October is the deadline for racing to begin if there is to be a 2020 season, but as time goes on the sport and teams are losing income from lost race fees, broadcast rights and sponsorship deals. McLaren have taken advantage of the UK government's furlough scheme, which sees them pay 80% of employees wages up to £2,500 per month, to control their costs. But Seidl was clear that this pandemic...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
McLaren hoping 'bold decisions' follow final wake-up...
McLaren F1 boss Andreas Seidl says the COVID-19 crisis is perhaps the...
5y ago from F1i.com
COVID-19 a wake-up call for ‘unsustainable' F1
McLaren Racing CEO Zak Brown believes the COVID-19 pandemic has been a...
5y ago from PlanetF1.com
This is F1's 'final wake-up call', warns Seidl
While some in F1 do not appear to be singing from the same hymn sheet,...
5y ago from Pitpass.com
Sedil: This crisis is a final wake up call for Formula...
The COVID-19 crisis is a final wake-up call for an already...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
5h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
23h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
VR46 looking for mix of experience and youth in 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
18h ago from MotorsportWeek.c...
Takuma Sato set for Indy 500 return with Rahal...
No description available...
19h ago from Motorsport.com
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
2h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Thierry Henry tips 'oustanding' Arsenal bargain...
Arsenal legend Thierry Henry has backed goalkeeper David Raya to win...
3h ago from CaughtOffside.com
Newcastle rival Arsenal & Manchester City for...
Newcastle United are one of the clubs reported to have set their sights on...
3h ago from CaughtOffside.com
Episode 868: Eze cooks; Rice …
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
4h ago from Arseblog.com
Report: La Liga giants closely monitoring attacking...
Atlético Madrid are reportedly assessing potential moves for Arsenal...
5h ago from CaughtOffside.com
Comments
Hottest News
George Russell linked with $300m move away from Mercedes to...
An astonishing transfer claim has been made about... Read More »
6h ago from GPFans.com
Pierre Gasly makes remarkable 'different league' Alpine...
Pierre Gasly narrowly missed out on completing a... Read More »
46m ago from RacingNews365.com
Hamilton and Russell agree on what’s missing at the...
The Chinese Grand Prix has long been a crown... Read More »
46m ago from F1i.com
