News Details

Haas' Steiner reveals key lesson learned from F1 crisis

Haas boss Guenther Steiner says the current economic downturn has highlighted Formula 1 teams' propensity to operate "too much on the edge". The emergence of the coronavirus pandemic has wreaked havoc on the F1 calendar but also on Grand Prix racing's finances, with teams unexpectedly deprived of income and struggling to make ends meet. Commercial rights holder Liberty Media, along with the FIA and in concertation with the teams, has implemented several cost saving measures to help safeguard the sport, and especially its smaller midfield competitors, during these difficult times. From a freeze on research and development to extending the life of this year's chassis designs into...
Full Story »
6y ago from F1i.com 0
Share

You May Also Be Interested In...

Bottas: 'Consistency and being on it' key to 2020 title

Valtteri Bottas will launch his 2020 season next month aiming to secure...
6y ago from F1i.com

Bottas: Maximising every race will be key

Formula 1 drivers will have to be more consistent than ever across race...
6y ago from GrandPrix247.com

Steiner: F1 should never have been so economically...

Haas boss Guenther Steiner says the measures Formula One has taken steps...
6y ago from espnF1.com

Bottas: We learned a lot about the new procedures

Tuesday's testing session was particularly helpful for Mercedes to learn...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir sidelined for two further MotoGP rounds due...

Honda has confirmed that Joan Mir will be sidelined for two further...
22h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

IndyCar details engagement and viewership growth...

The NTT IndyCar Series has compiled a long list of figures that show...
15h ago from MotorsportWeek.c...

Felix Rosenqvist likeness revealed for Borg-Warner...

2026 Indianapolis 500 winner Felix Rosenqvist got his first chance on...

Popular On TotalWRC.com

Esapekka Lappi calls it quits on his rallying career

After 95 WRC starts and two victories, as well as 15 podiums, Esapekka...

Popular On GunnersToday.com

Decision made: Barcelona plan for January could...

Barcelona have reportedly decided that they won't be moving for Atletico...
1h ago from CaughtOffside.com

KMI makes my head hurt

Morning all. There's almost nothing going on, which is not atypical for an...
1h ago from Arseblog.com

Premier League so far: Writers' verdicts on Man Utd,...

Are Manchester City really title contenders? Is history repeating itself...
11h ago from SkySports.com

Should Rice have seen red for kick out on Yalcouye?!

Declan Rice received a yellow card for kicking out at Malick Yalcouye, but...
11h ago from SkySports.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.