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 »
5y ago from F1i.com 0
Share

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

Gresini Racing exploring potential Honda MotoGP...

Gresini Racing are exploring a potential reunion with Honda as a...
12h ago from MotorsportWeek.c...

How Marco Bezzecchi dominated the Brazilian MotoGP to...

New MotoGP championship leader Marco Bezzecchi overcame a "really...
16h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Watch: Ben White’s reaction goes viral after...

Manchester City’s Rayan Cherki found himself at the center of a heated...
5h ago from CaughtOffside.com

Gabriel Magalhaes injury latest concern as four...

Arsenal’s hopes of a historic treble have been dealt a significant blow...
6h ago from CaughtOffside.com

“It felt like a charity sub” - Wayne Rooney shares...

Wayne Rooney revealed that he felt sad for Manchester City star Phil Foden...
8h ago from SportsKeeda.com

100m-rated Premier League newcomer set to spark...

Rayan has done quite well since moving to the Premier League, and he has...
9h 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.