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F1 weighs financial costs of coronavirus disruption
The cancellation of the 2020 Australian Grand Prix will have major financial repercussions for Formula 1, just one of the many reasons why the decision to call off this weekend's race proved so difficult to reach. Races in Bahrain and Vietnam are also expected to be formally cancelled in the next few hours, adding to the earlier postponement of the China GP. Races in may at Spain and Monaco are also believed to be in doubt. If a national or regional government calls off the race - as happened in China - then the organiser doesn't have to pay the large hosting fee for holding the race. But if the decision is made by the promoters then they are liable for the full sum, as well as for...
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