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Todt pleads for drastic reduction of budget limit: 'Feel this at every level'
As a result of the COVID-19 corona crisis, a number of Formula 1 teams are in trouble. That is why meetings on a further reduction of the budget limit have been started. It will be difficult to get all teams in line, but FIA President Jean Todt is convinced that this reduction is necessary. "I'm sure many small and medium sized teams, suppliers and manufacturers will go over their programs again and then perhaps come to the conclusion that they should stop," says Todt in conversation with motorsport-total.com. "Corona is going to cost society a total of between 300 billion and three trillion. 25 million people are going to lose their jobs, we're going to feel that on every...
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4y ago from GPBlog.com
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