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Steiner calls on F1 to be a 'break even business'
Haas F1 team principal Guenther Steiner says that Formula 1 has to adjust its current business model and ensure that it makes financial as well as sporting sense for everyone involved. The disruption caused by coronavirus has put extra financial strain on all teams, with speculation that four or five teams are at risk of collapse if the situation is not addressed in time. It's resulted in calls for a much more aggressive cost cap than originally planned for 2021, something that it being resisted by Ferrari. However Steiner remains optimistic that F1 will find a sensible way forward. “I hope that at some stage this could be a break even business because that's what it should be,”...
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