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Latest F1 news about: Crisis

6

McLaren restructures its company

8 days 5 hours ago

from: F1Technical.net

( 157 views )

McLaren is set to slash 1,200 jobs across their technology, automotive and racing businesses in light of the coronavirus crisis and in response tot he introduction of a budget... read more »

35

McLaren left with "no other choice" but to axe 1200 staff

9 days 11 hours ago

from: GPfans.com

( 183 views )

McLaren is to make around 1,200 staff redundant across the Group due to the impact of the current pandemic crisis. read more »

6

The Brazilian and United Stated Grand Prix under threat

10 days 1 hour ago

from: F1Technical.net

( 162 views )

Although the United Stated and the Brazilian Grands Prix are scheduled to take place on October 25 and November 15 respectively, the coronavirus crisis casts doubts over both... read more »

9

F1 teams approve radical cost-cutting measures

12 days 17 hours ago

from: Crash.Net

( 153 views )

F1 teams have approved major cost-cutting changes aimed at helping the sport see out the coronavirus crisis. read more »

2

AlphaTauri don’t have unlimited Red Bull funds

15 days 13 hours ago

from: PlanetF1.com

( 147 views )

In the midst of the financial crisis, Franz Tost says a lot depends on F1 races this season as he can't ask Red Bull for unlimited funds. read more »

9

McLaren could mortgage factory and classic F1 cars

20 days 14 hours ago

from: Crash.Net

( 140 views )

McLaren is considering mortgaging its factory and classic Formula 1 cars in an attempt to raise funds to see it through the financial uncertainty caused by the coronavirus crisis. read more »

1

McLaren could mortgage factory and historic F1 cars to raise funds

20 days 15 hours ago

from: Autosport.com

( 202 views )

McLaren is reportedly considering raising up to £275million to see it through the COVID-19 crisis by mortgaging its Woking headquarters and part of its collection of historic... read more »

2

Vettel hit ‘crisis’ point at the 2018 German GP

21 days 6 hours ago

from: PlanetF1.com

( 229 views )

Sebastian Vettel's relationship with Ferrari hit "crisis" point at the 2018 German GP, says former F1 team owner Giancarlo Minardi. read more »

9

F1 Gossip: Ricciardo closing in on McLaren move?

21 days 15 hours ago

from: Crash.Net

( 152 views )

In the latest F1 Gossip, Ricciardo close to completing McLaren switch, Alonso-Renault rumours intensify and Todt reveals how the FIA plans to save motorsport amid the COVID-19... read more »

2

Manufacturers could walk away from F1 says Szafnauer

23 days 14 hours ago

from: PlanetF1.com

( 168 views )

When the dust settles on the financial crisis, Racing Point team principal Otmar Szafnauer says F1 may be short a manufacturer or two. read more »

1

Manufacturers may decide F1 isn't a priority - Szafnauer

24 days 12 hours ago

from: Autosport.com

( 231 views )

Racing Point team principal Otmar Szafnauer says manufacturers may decide racing in F1 is no longer a priority once the impact of COVID-19 crisis is felt read more »

3

British GP could go ahead despite quarantine restrictions

24 days 12 hours ago

from: EspnF1.com

( 165 views )

Formula One is working to put on a British Grand Prix in July even if the country imposes quarantine measures on visitors during the coronavirus crisis, F1 sources said on Sunday. read more »

1

Carey says 2021 Concorde Agreement talks "on the back burner"

25 days 13 hours ago

from: Autosport.com

( 293 views )

Formula 1 has placed talks with teams over a new Concorde Agreement "on the back burner" as it contends with the impact of the COVID-19 crisis read more »

15

F1 can race into 2021 season without finalised Concorde Agreement

25 days 15 hours ago

from: MotorSportWeek.com

( 205 views )

Formula 1's new Concorde Agreement has been "put on the backburner" due to the coronavirus crisis, and may not be completed in time for the 2021 season. The... read more »

1

Hamilton says Australian GP cancellation was a "shock to the system"

26 days 11 hours ago

from: Autosport.com

( 300 views )

Mercedes Formula 1 world champion Lewis Hamilton says the last-minute cancellation of the Australian Grand Prix due to the coronavirus crisis was a "shock to the system" read more »

11

Daniel Ricciardo: First race after coronavirus break will be 'chaos'

26 days 16 hours ago

from: BBC.co.uk/F1

( 275 views )

Renault's Daniel Ricciardo expects the first race of the season to be chaotic after the long break enforced by the coronavirus crisis. read more »

1

No financial "candy" to be handed out to teams, says F1 boss Carey

27 days 12 hours ago

from: Autosport.com

( 226 views )

Formula 1 boss Chase Carey says it won't be "handing out candy" when dealing with the teams and its other partners in regards to financial aid during the... read more »

9

F1's huge drop in 2020 income revealed

28 days 9 hours ago

from: Crash.Net

( 250 views )

Substantial financial loses suffered by the F1 Group amid the COVID-19 crisis have been revealed by Liberty Media.  read more »

2

Formula 1 reports huge income drop in Q1

28 days 9 hours ago

from: PlanetF1.com

( 197 views )

The true effect of the global health crisis on Formula 1 is beginning to show after a huge drop in revenue was published in the Q1 results report. read more »

1

F1 Group suffers 84% reduction in revenue amid coronavirus pandemic

28 days 10 hours ago

from: Autosport.com

( 221 views )

Liberty Media's financial figures for the first quarter of 2020 have revealed the Formula 1 Group has been hit by a 84% reduction in revenue due to the COVID-19 crisis read more »

2

Brown applauds Liberty, FIA handling of crisis

28 days 11 hours ago

from: PlanetF1.com

( 232 views )

Formula 1 is going through a crisis, however, Zak Brown says he has been impressed with how Liberty Media and the FIA have stepped up. read more »

2

Panthera Team Asia still eyes 2022 grid slot

28 days 13 hours ago

from: PlanetF1.com

( 198 views )

The world health crisis has shelved a lot of sporting plans, but work is still going on to bring Panthera Team Asia to Formula 1 in 2022. read more »

9

F1 revenue loss hitting Ferrari in the "harshest manner"

about 1 month ago

from: Crash.Net

( 285 views )

Ferrari CEO Louis Camilleri says F1's "drastic" loss of revenue amid the coronavirus crisis is hurting its finances in "the harshest manner". read more »

35

Todt: 'Manufacturers may have to review their programs'

about 1 month ago

from: GPfans.com

( 245 views )

Jean Todt has predicted that Formula 1 could lose the few manufacturer teams that currently race in the aftermath of the corona-crisis. read more »

2

K-Mag offers a brighter outlook for Haas

about 1 month ago

from: PlanetF1.com

( 216 views )

Kevin Magnussen thinks the current crisis could actually provide opportunity for Haas rather than lead to the team leaving the sport. read more »