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Williams fears financial impact of lost races

Claire Williams admits she is concerned for her team's financial stability with Formula 1 at a standstill due to the coronavirus pandemic. Already the opening four rounds in Australia, Bahrain, China and Vietnam have been postponed due to the outbreak, and further postponements followed with the Netherlands, Spain and Monaco. A video conference took place on Thursday to discuss a proposed new calendar for 2020, but Claire Williams is concerned that the reduced race calendar and resulting drop in hosting fees could have an impact on prize money distribution. 'We're obviously, like F1, like everybody in every responsible business, monitoring the situation incredibly closely,' she told...
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4mo ago from PlanetF1.com 0
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