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Szafnauer: Savings of £10 million are possible

Formula 1 teams can save up to £10 million on car development if the sport encourages the reuse old components, says Racing Point boss Otmar Szafnauer. A hot topic with F1 shut-down due to the COVID-19 pandemic, many smaller teams on the grid are believed to be concerned about finances should the absence of races continue. However as Szafnauer explains, there are ways to limit expenses should the need arise. 'We took an old chassis into the next season three times,' he told Auto Motor und Sport. 'And not only that. In the difficult years, the suspension and the gearbox also remained the same. 'If you can take the old chassis, you can save up to a million and a half pounds. If you add the...
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