News Details

Williams, Racing Point in ‘danger' of going bust

Liberty Media has been urged to do more to help F1's smaller teams with Motorsport UK chairman David Richards saying there is a 'distinct' danger of Williams and Racing Point folding in the ongoing crisis. The Formula 1 teams are facing a massive financial hit as the coronavirus outbreak has brought the sport to a stand still. Although Formula 1 headed to Melbourne for the start of the 2020 season, the race was cancelled at the 11th hour. As things stand Canada is scheduled to be the first grand prix on the calendar, although the mid-June race has yet to confirm whether it will press ahead with plans to host a grand prix. With Red Bull advisor Helmut Marko saying five cancelled grands prix...
Full Story »
3d ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Motorsport UK Chairman: Liberty should consider...

Liberty Media should consider dipping into its own pockets to support...
4d ago from GrandPrix247.com

Liberty Media warned: 'Chances are Williams and Racing...

David Richards hopes that Liberty Media will continue to closely monitor...
4d ago from GPBlog.com

Pressure on Liberty Media to protect UK F1 teams

David Richards, chairman of Motorsport UK, has called on Liberty Media to...
4d ago from PlanetF1.com

FIA, F1 can bypass team approval on 2020 calendar...

The FIA and Formula 1 will no longer need the approval of teams to make...
1w ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez fends off Bagnaia to win Mugello...

Alex Marquez claimed victory in the Mugello round of the StayAtHomeGP...
20h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Power podiums, McLaughlin fourth in IndyCar iRacing...

Will Power has scored a podium while Scott McLaughlin fought to finish...
1d ago from SpeedCafe.com

LIVE STREAM: IndyCar iRacing Challenge

Catch two-time Supercars champion Scott McLaughlin, Indianapolis 500...
1d ago from SpeedCafe.com

Popular On TotalWRC.com

Renault Clio Rally5 gets WRC debut at Rally Mexico

Renault Sport shipped five of the brand-new Renault Clio Rally5 cars to...

Rally Portugal and Rally Italy Postponed

Rally Portugal and Rally Italy have joined Rally Argentina in being...

Popular On GunnersToday.com

Why Ole Gunnar Solskjaer wants Man Utd to sign former...

Manchester United want to sign Aaron Ramsey 12 years after losing out on...
3h ago from Express.co.uk

Arsenal pressed to make Dayot Upamecano move as Real...

Arsenal face tough competition to sign RB Leipzig star Dayot Upamecano as...
5h ago from Express.co.uk

Cooking with Arseblog – Part 1

Morning, how are you all? I think it's ok to not be as ok as you normally...
3h ago from Arseblog.com

Rumour Has It: Haaland, Mane top targets for Real...

Real Madrid are reportedly preparing for a rebuild and Erling Haaland and...
3h ago from SportsKeeda.com

Comments

Advertisements

Hottest News

Advertisements

Recent News

Advertisements

Advertisements

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.