News Details

Marko says lost races 'could cost teams 100 million'

Red Bull motorsports consultant Dr Helmut Marko says that the financial repercussions of losing five races from this year's Formula 1 world championship season could prove devastating to the teams. All F1 teams rely on revenue distributed from the pot of prize money which is shared out according to the final constructors championship standings at the end of the year. But that money could shrink by a third or more as a result of the postponements and cancelations caused by the global spread of coronavirus. Carey banking on summer start for F1 and at least 15 races The 2020 season was expected to be comprised of 22 events which would have been a record number of Grands Prix in a single year....
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Marko: Five lost races would cost us 100 million

Red Bull's Helmut Marko has revealed the financial toll COVID-19 is...
5y ago from GrandPrix247.com

Cancelling five races means losing ‘$100 million'

Helmut Marko has backed F1's decision to defer the 2021 rules for a year,...
5y ago from PlanetF1.com

Marko says Verstappen panicked over COVID-19 threat

Red Bull motorsport boss Helmut Marko says a worried Max Verstappen...
5y ago from F1i.com

Helmut Marko thinks 18 races are possible in 2020!

Helmut Marko believes that 18 races are possible in 2020, following the...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi details the key difference between...

Marco Bezzecchi took his third MotoGP win of 2025 in Valencia and...
10h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500

Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...

RLL locks in Louis Foster with extended IndyCar...

Rahal Letterman Lanigan Racing has announced an extension to its contract...

AJ Foyt Racing expands veteran support program to full...

AJ Foyt Racing has announced that its successful Homes For Our Troops...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal told what they need to do if they want to sign...

Antoine Semenyo is one of the most sought-after players going into the...
40m ago from CaughtOffside.com

“I used to come to the old one and win a lot” -...

Arsenal legend Thierry Henry has revealed his prediction for this...
6h ago from SportsKeeda.com

After missing 7 consecutive matches for Arsenal due to...

Arsenal skipper Martin Odegaard has provided an update on his fitness...
7h ago from SportsKeeda.com

Arsecast Extra Episode 667 – 17.11.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
8h ago from Arseblog.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.