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McLaren boss warns big teams risk putting F1 out of business
McLaren Racing CEO Zak Brown says the big teams are risking the entire existence of Formula 1’s future through their unwillingness to agree to major financial changes. F1 and its 10 teams are in the middle of intense negotiations over how best to protect the future of all competing teams and the sport as a whole amid economic uncertainty caused by the COVID-19 crisis. Part of such cost-saving measures include further reducing the budget cap limit. Teams have already agreed in principal to lower the cost cap from $175m to $150m but McLaren is among a number of teams pushing to bring that figure down even more. Resistance has been come most notably from Ferrari, with team boss Mattia...
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