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 »
5y ago from F1i.com 0
Share

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

Fermin Aldeguer to miss MotoGP season opener in...

Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...

Davide Brivio: Trackhouse looking to remain Aprilia's...

Team boss Davide Brivio has revealed that Trackhouse Racing is looking to...

Popular On IndyCarToday.com

IndyCar announces multi-year extension with engine...

The NTT IndyCar Series has announced a long-term continuation with both...

Honda quick in IndyCar Sebring test, Grosjean tests...

Nearly the entire IndyCar paddock was present at Sebring International...

Popular On TotalWRC.com

Popular On GunnersToday.com

Ex-Arsenal midfielder Thomas Partey charged with 2...

Former Arsenal midfielder Thomas Partey has been charged with two...
4h ago from SportsKeeda.com

Arsenal set to be without Havertz for four matches...

Kai Havertz has picked up a muscular injury and is set to miss Arsenal's...
4h ago from SkySports.com

'We don't know' – Arteta issues worrying update...

Mikel Arteta has provided a worrying update on the injury suffered by...
6h ago from CaughtOffside.com

'Don't know exactly…' – Guardiola issues...

Manchester City manager Pep Guardiola has provided some insight into...
6h ago from CaughtOffside.com

Comments

Hottest News

LIVE: 2026 F1 Bahrain pre-season 1st test – Day 2

Follow along with the second day of the first... Read More »
11h ago from RacingNews365.com

F1: 'We're over four seconds off the pace,' says Stroll

Lance Stroll left seriously unimpressed following... Read More »
2h ago from Pitpass.com

F1 2026 Regulations: What is corner mode?

The all new F1 regulations in 2026 will throw a... Read More »
42m ago from GPFans.com

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.