News Details

Marko: Five lost races would cost us 100 million

Red Bull's Helmut Marko has revealed the financial toll COVID-19 is taking on his team, something he hopes can be at least partially alleviated by Formula 1's decision to delay its new regulations. Forced to work from his home office with the 2020 season on-hold due to the coronavirus pandemic, Marko revealed the factory is 'still working full throttle', but will feel the hit of lost grands prix in its pocketbook. 'All teams have to expect a loss of income,' he told Österreich. 'If five races are cancelled, 100 million will be lost.' Currently the first eight races of the season have been removed from their original calendar slots, but with F1 CEO Chase Carey having announced plans for a...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Carey: We apologise to those fans affected by the...

Formula 1 CEO Chase Carey has written to all F1 fans in the wake of the...
5y ago from GrandPrix247.com

F1 could delay 2021 rules introduction due to...

Formula 1 could delay the planned introduction of the 2021 regulation...
5y ago from Crash.net

Renault staff to work from home as shutdown looms

Renault's staff will work from home if possible as they prepare to...
5y ago from PlanetF1.com

COVID-19: F1 postpones 2021 rules to 2022 season

'Formula 1, the FIA and all ten teams have unanimously agreed to delay...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal, Man United and Chelsea lock horns for...

Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
5h ago from CaughtOffside.com

Gabriel refusing to shake Maguire's hand sparks aggro...

Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
7h ago from SkySports.com

Arteta feeling bullish after Arsenal ‘take...

t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
9h ago from TheGuardian.com

Arteta encouraged by 'beautiful' meeting with players...

Mikel Arteta has revealed he called his players for a meeting to...
9h ago from SkySports.com

Comments

Hottest News

LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2

The second day of on-track action for F1 in 2026... Read More »
18h ago from RacingNews365.com

F1: Barcelona Day 2 Recap: Ferrari

It was a productive day for us. Despite the rain,... Read More »
6h ago from Pitpass.com

2026 F1 Barcelona Pre-Season Test - Day 2 results

See the results from the second day of pre-season... Read More »
8h ago from RacingNews365.com

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.