News Details

Szafnauer: 'I expect that the lockdown in F1 will be extended'

All events surrounding the coronavirus have hit the F1 teams hard. A number of teams even had to take measures in order not to get into immediate financial difficulties. According to team boss Otmar Szafnauer of Racing Point, the lockdown and everything that has happened around it has ensured that everyone in Formula 1 has started to look realistically at the current situation. "We have to learn that these things can happen," says Szafnauer about the situation of COVID-19. "We need to start applying things now, such as a prudent budget cap, so that when this happens again, everyone is financially healthier," he notes at Formula1.com.  Read more Racing Point wants...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Seidl: Lockdown will delay McLaren ongoing...

McLaren F1 boss Andreas Seidl says the lockdown that remains in force...
5y ago from F1i.com

No advantage for big teams under lockdown - Norris

McLaren driver Lando Norris has backed the way that the FIA and Formula 1...
5y ago from F1i.com

Szafnauer convinced F1 could have 'raced safely' in...

Racing Point team boss Otmar Szafnauer believes in hindsight that F1...
5y ago from F1i.com

Szafnauer: Scrapping rules changes would save millions

Racing Point boss Otmar Szafnauer has suggested a further postponement of...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Strongest season yet for Pato O’Ward has been...

Pato O’Ward is having the best IndyCar season of his career, and is...

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Crystal Palace interested in 25-year-old Arsenal star...

Crystal Palace are reportedly interested in signing Arsenal star Jakob...
5h ago from SportsKeeda.com

'I haven't fulfilled my dreams here yet' | Bruno's...

Manchester United captain Bruno Fernandes discusses leadership groups,...
7h ago from SkySports.com

Arsenal chasing Brazilian defender after Mikel Arteta...

Arsenal are reportedly interested in signing Palmeiras defender Benedetti....
7h ago from SportsKeeda.com

Sources: Arsenal & Man United 'closely following'...

South Korean midfielder Lee Kang-in, who plays for Paris Saint-Germain, is...
10h ago from CaughtOffside.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.