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
MotoGP Hungarian GP: Marc Marquez dominates sprint
No description available...
2h ago from Motorsport.com
Marc Marquez cruises to MotoGP Sprint victory at...
Marc Marquez cruises to MotoGP Sprint victory at Balaton Park
The post...
2h ago from MotorsportWeek.c...
MotoGP Hungarian GP: Marc Marquez takes pole as Pedro...
No description available...
5h ago from Motorsport.com
Marc Marquez seals dominant pole in Balaton Park...
Marc Marquez dominated the first-ever Hungarian MotoGP qualifying session...
6h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
2d ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
2d ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
3d ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
1d ago from CaughtOffside.com
'We've done what we had to do' | Arteta explains...
Mikel Arteta claims that he's happy having as many quality players as...
5h ago from SkySports.com
Comments
Hottest News
Cadillac complete F1 driver line-up with second signing
The Cadillac F1 team is taking shape as it has... Read More »
6h ago from RacingNews365.com
Kimi Raikkonen takes comical jab at F1 after champions...
Kimi Raikkonen was seemingly feeling left out... Read More »
1h ago from RacingNews365.com
Gasly hints at 'undisclosed issues' that hinder Tsunoda at...
On the back of a difficult run of races for Yuki... Read More »
39m ago from F1Technical.net