News Details

2008-like F1 manufacturer exodus possible - Theissen

Apr.1 BMW's former F1 boss Mario Theissen says it is "of course" possible that the sport could witness an exodus of car manufacturers amidst the global pandemic. After the global financial crisis struck in 2008, four manufacturers involved in Formula 1 - Honda, Toyota, Renault and the Theissen-led BMW - withdrew from the series soon afterwards. Speaking to the BBC, Red Bull boss Christian Horner admitted that the impact of coronavirus "reminds me very much of the 2008 financial crisis - but this goes way beyond that". Theissen agrees, telling the Starting Grid podcast that a similar carmaker exodus "cannot be ruled out". "We just have to wait and...
Full Story »
Share

You May Also Be Interested In...

What is the impact of the global coronavirus...

With far-reaching measures already in place in several countries to...
5y ago from GPBlog.com

FIA imposes three-week shutdown on power unit...

The FIA has confirmed that power unit manufacturers must join Formula 1...
5y ago from MotorsportWeek.com

F1 engine manufacturers also close their doors

The summer break has been brought forward because of the coronavirus, so...
5y ago from GPBlog.com

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

How Palou can clinch his fourth IndyCar championship...

Alex Palou is the man of the moment in IndyCar, and currently holds a 121...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Popular On GunnersToday.com

How did Gyokeres do on his full Arsenal debut? And...

There was a huge roar before kick-off. Arsenal have a new striker, a new...
2h ago from SkySports.com

Viktor Gyökeres labours as Arsenal fall short against...

£64m man makes his home debut in friendly as Mikel Arteta talks about...
3h ago from TheGuardian.com

Arsenal beaten by Villarreal on Gyokeres' first start...

Viktor Gyokeres' first Arsenal start ended in defeat as Villarreal ran out...
3h ago from SkySports.com

Player ratings: Arsenal 2-3 Villarreal

Arsenal suffered back-to-back pre-season defeats with a 3-2 loss at home...
3h ago from FreshArsenal.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.