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Williams, Racing Point in ‘danger' of going bust

Liberty Media has been urged to do more to help F1's smaller teams with Motorsport UK chairman David Richards saying there is a 'distinct' danger of Williams and Racing Point folding in the ongoing crisis. The Formula 1 teams are facing a massive financial hit as the coronavirus outbreak has brought the sport to a stand still. Although Formula 1 headed to Melbourne for the start of the 2020 season, the race was cancelled at the 11th hour. As things stand Canada is scheduled to be the first grand prix on the calendar, although the mid-June race has yet to confirm whether it will press ahead with plans to host a grand prix. With Red Bull advisor Helmut Marko saying five cancelled grands prix...
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6d ago from PlanetF1.com 0
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