The coronavirus pandemic should be the “final wake-up call” for an “unhealthy” Formula 1 championship to make big changes, according to McLaren, as leading figures prepare to convene on Thursday. Formula 1 has sought to address spiralling costs that has split the field into groups in recent years, with a budget cap ratified into the 2021 regulations as part of an intended overhaul. The outbreak of the coronavirus pandemic has left Formula 1 on hiatus until at least July, prompting teams to quickly agree on cost-cutting measures, such as the delay to new regulations, the retention of 2020 cars and development restrictions, along with an extended factory shutdown period. Several...
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