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Richards: Formula 1 cannot afford to lose teams

Motorsport UK chairman David Richards has called on Liberty Media to stand by Formula 1 teams to ensure they don’t go bankrupt during the uncertain world invaded by COVID-19. Of particular concern is the fact that the majority of the sport's race teams have bases in the United Kingdom which is in lockdown in keeping with the international community all afflicted by the coronavirus. Mercedes, Red Bull, McLaren, Renault, Racing Point, Williams and a host of key suppliers are based in the United Kingdom. With the season in pause mode, half the season chopped at huge expense and no certainty when it will resume. Apart from the top three or four teams, F1 outfits are not flush with cash....
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5y ago from GrandPrix247.com 0
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