News Details

F1 weighs financial costs of coronavirus disruption

The cancellation of the 2020 Australian Grand Prix will have major financial repercussions for Formula 1, just one of the many reasons why the decision to call off this weekend's race proved so difficult to reach. Races in Bahrain and Vietnam are also expected to be formally cancelled in the next few hours, adding to the earlier postponement of the China GP. Races in may at Spain and Monaco are also believed to be in doubt. If a national or regional government calls off the race - as happened in China - then the organiser doesn't have to pay the large hosting fee for holding the race. But if the decision is made by the promoters then they are liable for the full sum, as well as for...
Full Story »
4y ago from F1i.com 0
Share

You May Also Be Interested In...

Australian GP cancellation: Coronavirus, safety,...

Facebook Twitter ReddIt Email In a timeline filled with political...
4y ago from TheParcFerme.com

McLaren pull out of Australian GP due to Coronavirus

After discovering a team member with Coronavirus, McLaren announced that...
4y ago from TheParcFerme.com

Coronavirus forces Formula E to postpone Rome E-Prix

Due to the coronavirus threat, Formula E has been forced to postpone the...
4y ago from F1i.com

The Parc Fermé F1 Podcast #672 Coronavirus Special

Join Grace and me as we discuss the Coronavirus (COVID-19) and its impact...
4y ago from TheParcFerme.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal 'leading race for in-demand midfielder'

Arsenal are reportedly leading the race for one of the Premier League's...
1h ago from SportsMole.co.uk

Episode 781 – Antics

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com

The Spirit in the Kai

Kai Havertz arrived in England as a mystery wrapped in an enigma. His...
1h ago from Arseblog.com

Comments

Hottest News

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.