Mar.30 Formula 1 is moving to keep its ten teams in business, according to Dr Helmut Marko. "Formula 1 has taken the right measures," the top Red Bull official told Kleine Zeitung newspaper when asked how the sport is reacting to the pandemic. "The summer break has been brought forward, the new technical regulations postponed, and all tests during the season have been cancelled. It is to allow all the teams to stay within their budgets," Marko added. There are fears the small teams but possibly even the bigger ones could collapse, but Marko doubts that. "None of them are in serious financial risk," the Austrian said, "because in case of emergency there...
Full Story »