News Details
Racing Point sees £10 million of potential savings for teams
Racing Point team boss Otmar Szafnauer believes teams could save up to £10 million in 2021 if key components are carried over to next season. Faced with a massive revenue shortfall due to the coronavirus pandemic which has put the 2020 campaign on hold, Formula 1 has delayed next year's scheduled regulation overhaul to 2022 and extended the use of this year's chassis designs into 2021. The move will compress costs for the sport's constituents, but Szafnauer believes more savings can be achieved if additional components are given a longer lease of life. "We once took an old chassis three times into the next season," the Racing Point boss told Auto Motor und Sport. "And not...
Full Story »
Full Story »
You May Also Be Interested In...
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
Marko says lost races 'could cost teams 100 million'
Red Bull motorsports consultant Dr Helmut Marko says that the financial...
5y ago from F1i.com
Racing Point: 'Plenty of work ahead' despite F1 pause
Racing Point team boss Otmar Szafnauer says his team won't be...
5y ago from F1i.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
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez explains rapid drop from second to sixth...
No description available...
1h ago from Motorsport.com
Winners and losers from MotoGP’s season-ending...
No description available...
6h ago from Motorsport.com
Marco Bezzecchi details the key difference between...
Marco Bezzecchi took his third MotoGP win of 2025 in Valencia and...
6h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
4d ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
4d ago from MotorsportWeek.c...
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
5d ago from MotorsportWeek.c...
AJ Foyt Racing expands veteran support program to full...
AJ Foyt Racing has announced that its successful Homes For Our Troops...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
2h ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“I used to come to the old one and win a lot” -...
Arsenal legend Thierry Henry has revealed his prediction for this...
1h ago from SportsKeeda.com
After missing 7 consecutive matches for Arsenal due to...
Arsenal skipper Martin Odegaard has provided an update on his fitness...
3h ago from SportsKeeda.com
Arsecast Extra Episode 667 – 17.11.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
4h ago from Arseblog.com
Liverpool, Arsenal & Man United set to be offered...
Borussia Dortmund striker Serhou Guirassy could be on the move once again,...
7h ago from CaughtOffside.com
Comments
Hottest News
FIA mourns death of key figure ahead of Las Vegas Grand Prix
F1 heads for Las Vegas this weekend for the 2025... Read More »
8h ago from GPFans.com
Ferrari turmoil deepens as Max Verstappen enters ultimate...
The latest episode of the RacingNews365 Podcast... Read More »
1h ago from RacingNews365.com
Ferrari launch special edition F1 kit for Las Vegas Grand...
Ferrari F1 team have released a special edition... Read More »
53m ago from GPFans.com
