News Details
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,”...
Full Story »
Full Story »
You May Also Be Interested In...
Haas' Steiner at odds with 'customer cars' idea in F1
Haas team boss Guenther Steiner is emphatically against the idea of...
5y ago from F1i.com
Haas to remain patient amid crisis, but not forever -...
Haas team boss Guenther Steiner says Gene Haas is willing to wait longer...
5y ago from F1i.com
Haas boss Steiner unsure on team future
Haas team principal Guenther Steiner warns that a year without Formula 1...
5y ago from GPFans.com
Gene Haas "in a good place"; team "here...
Haas team principal Guenther Steiner has declared owner Gene Haas to be...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
13h ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
14h ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
2d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
16h ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
2d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
5d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Like a ball of poison’: Mikel Arteta admits to...
t;li>Arteta claims defeat will haunt him for ‘next 30...
5h ago from TheGuardian.com
Mikel Arteta provides fitness update on 3 Arsenal...
Arsenal boss Mikel Arteta has provided a fitness update on Noni Madueke,...
9h ago from SportsKeeda.com
'Really good news' – Mikel Arteta provides...
Arsenal manager Mikel Arteta has provided a positive injury update on Noni...
13h ago from CaughtOffside.com
Southampton vs Arsenal preview: Odegaard and Timber...
No description available...
12h ago from SkySports.com
Comments
Hottest News
FIA approve new race after F1 cancellations
The FIA have announced a change in one of their... Read More »
11h ago from GPFans.com
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
2d ago from GrandPrix247.com
Lewis Hamilton team-mate left laughing after F1 rival...
This doesn't count under the cost cap, right? Read More »
6h ago from GPFans.com
