News Details
Racing Point sees £10 million of potential savings for teams
Racing Point team boss Otmar Szafnauer believes teams could save up to £10 million in 2021 if key components are carried over to next season. Faced with a massive revenue shortfall due to the coronavirus pandemic which has put the 2020 campaign on hold, Formula 1 has delayed next year's scheduled regulation overhaul to 2022 and extended the use of this year's chassis designs into 2021. The move will compress costs for the sport's constituents, but Szafnauer believes more savings can be achieved if additional components are given a longer lease of life. "We once took an old chassis three times into the next season," the Racing Point boss told Auto Motor und Sport. "And not...
Full Story »
Full Story »
You May Also Be Interested In...
Formula 1 to ban wind tunnel tests for next-gen cars...
Formula 1 teams will be unable to test their 2022 chassis in the wind...
5y ago from GrandPrix247.com
Marko says lost races 'could cost teams 100 million'
Red Bull motorsports consultant Dr Helmut Marko says that the financial...
5y ago from F1i.com
Racing Point: 'Plenty of work ahead' despite F1 pause
Racing Point team boss Otmar Szafnauer says his team won't be...
5y ago from F1i.com
Cancelling five races means losing ‘$100 million'
Helmut Marko has backed F1's decision to defer the 2021 rules for a year,...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo knows he can “fight at the front”...
No description available...
46m ago from Motorsport.com
BMW: Losing Toprak Razgatlioglu to MotoGP feels like...
BMW says losing Toprak Razgatlioglu departure from its WorldSBK team to...
4h ago from MotorsportWeek.c...
Francesco Bagnaia explains why it's ‘impossible'...
After failing to secure a podium at his Grand Prix at Mugello, Francesco...
2d ago from MotorsportWeek.c...
Aprilia to run “special test” for Jorge Martin...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
3d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
2d ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Here's how Hyundai’s driver cooling system will...
No description available...
1h ago from Motorsport.com
How Carlos Sainz Sr's withdrawal will impact the FIA...
No description available...
5h ago from Motorsport.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Bargain' – Arsenal praised for smart signing of...
Arsenal have been praised for what now looks an imminent transfer deal for...
36m ago from CaughtOffside.com
'Signing for this club…' – Star speaks out...
Arsenal left-back Myles Lewis-Skelly has officially signed a new contract...
1h ago from CaughtOffside.com
'I would say go' - Odion Ighalo says Victor Osimhen...
Former Manchester United striker Odion Ighalo would urge Victor Osimhen to...
1h ago from SportsKeeda.com
The Arsenal midfield
The base of the Arsenal midfield was always set to undergo a face lift...
1h ago from Arseblog.com
Comments
Hottest News
Austrian GP facing 'severe' threat as warning issued
The Austrian Grand Prix has been hit with a... Read More »
1h ago from RacingNews365.com
Rosberg hints at reason behind Mercedes’ delay with...
As the 2025 Formula 1 season nears the end of its... Read More »
6h ago from F1i.com
Max Verstappen receives major backing over 'unnatural' F1...
Ollie Bearman has detailed the major problems F1... Read More »
55m ago from RacingNews365.com
