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
Alex Marquez explains rapid drop from second to sixth...
No description available...
20h ago from Motorsport.com
Marco Bezzecchi details the key difference between...
Marco Bezzecchi took his third MotoGP win of 2025 in Valencia and...
1d ago from MotorsportWeek.c...
Winners and losers from MotoGP’s season-ending...
No description available...
1d ago from Motorsport.com
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...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
21h 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
Brazil issue fresh injury update on Gabriel Magalhaes...
The Brazil national team has issued a statement with regards to the injury...
1h ago from SportsKeeda.com
Arsenal officials in Spain to watch LaLiga winger with...
Representatives from Premier League side Arsenal have reportedly travelled...
42m ago from SportsKeeda.com
Interlull ‘On This Day'
Morning, it's very Interlully, so let's do a bit of ‘On this day' to...
4h ago from Arseblog.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...
15h ago from CaughtOffside.com
Comments
Hottest News
Zak Brown: I used to be friends with Christian Horner, then...
McLaren F1 boss Zak Brown has revealed that he... Read More »
2h ago from GPFans.com
Lewis Hamilton and Charles Leclerc 'undermined' by...
Damon Hill has shared his feelings on John... Read More »
1h ago from RacingNews365.com
McLaren CEO claims Max Verstappen is a ‘bruiser' on...
McLaren CEO Zak Brown has labelled Max... Read More »
2h ago from MotorsportWeek.com
