News Details
Haas' Steiner reveals key lesson learned from F1 crisis
Haas boss Guenther Steiner says the current economic downturn has highlighted Formula 1 teams' propensity to operate "too much on the edge". The emergence of the coronavirus pandemic has wreaked havoc on the F1 calendar but also on Grand Prix racing's finances, with teams unexpectedly deprived of income and struggling to make ends meet. Commercial rights holder Liberty Media, along with the FIA and in concertation with the teams, has implemented several cost saving measures to help safeguard the sport, and especially its smaller midfield competitors, during these difficult times. From a freeze on research and development to extending the life of this year's chassis designs into...
Full Story »
Full Story »
You May Also Be Interested In...
Bottas: 'Consistency and being on it' key to 2020 title
Valtteri Bottas will launch his 2020 season next month aiming to secure...
5y ago from F1i.com
Bottas: Maximising every race will be key
Formula 1 drivers will have to be more consistent than ever across race...
5y ago from GrandPrix247.com
Steiner: F1 should never have been so economically...
Haas boss Guenther Steiner says the measures Formula One has taken steps...
5y ago from espnF1.com
Bottas: We learned a lot about the new procedures
Tuesday's testing session was particularly helpful for Mercedes to learn...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez tests GP25 aero package in Valencia...
No description available...
4h ago from Motorsport.com
Can Pedro Acosta finally score his maiden MotoGP win...
No description available...
5h ago from Motorsport.com
Jorge Martin: Crashing at MotoGP Valencian GP would be...
No description available...
5h ago from Motorsport.com
Pedro Acosta sets the pace in second Valencia MotoGP...
Factory KTM rider Pedro Acosta laid down a marker as he set the pace to...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
1d 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...
1d ago from MotorsportWeek.c...
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
2d 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...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
4d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
5d ago from Motorsport.com
Oliver Solberg lands factory Toyota Rally1 drive
We called it after Oliver Solberg clinched his WRC2 title in Chile....
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal initiate contact with £71m-rated Jorge Mendes...
Arsenal are now interested in signing the German attacker Karim Adeyemi....
3h ago from CaughtOffside.com
Arsenal player reveals 'difficult' face-to-face...
Arsenal defender Jakub Kiwior, currently on loan at Porto, has spoken out...
11h ago from CaughtOffside.com
Chelsea to get opportunity to hold talks over...
Chelsea will soon get an ideal opportunity to hold talks with Barcelona...
11h ago from CaughtOffside.com
Why Arsenal are now desperate to beat Man Utd &...
Arsenal are reportedly the latest big club to join the race for the...
11h ago from CaughtOffside.com
Comments
Hottest News
Wheatley: I want Verstappen at Audi but...
Audi F1 boss Jonathan Wheatley: “Yes, I want... Read More »
58m ago from GrandPrix247.com
Charles Leclerc and adorable dog Leo bask in 697MILLION...
F1 star Charles Leclerc and his pet dog Leo have... Read More »
1h ago from GPFans.com
Undercover police to be deployed at F1 Las Vegas Grand Prix
The Metropolitan Police Department have revealed... Read More »
2h ago from GPFans.com
