News Details

Teams could save ‘£10m', Racing Point reveals how

Formula 1 teams could dramatically reduce their budgets by carrying over chassis, gearboxes or suspensions from one season to the next. Next season F1 will see how that plays out but it won't be a first for Racing Point. The sport's team bosses have agreed to run their 2020 chassis next season, negating some of the financial losses they are currently taking. It, however, won't be a first for Racing Point with team boss Otmar Szafnauer revealing the Silverstone-based team has done it 'three times' in order to save money. And that's not the only part of the car that has been used two seasons in a row. 'We took an old chassis into the next season three times,' Szafnauer told Auto Motor und...
Full Story »
3mo ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Racing Point sees £10 million of potential savings...

Racing Point team boss Otmar Szafnauer believes teams could save up to...
3mo ago from F1i.com

Tost: 'Teams can save money thanks to coronavirus'

AlphaTauri boss Franz Tost has suggested that the current shutdown of...
3mo ago from F1i.com

Szafnauer: Savings of £10 million are possible

Formula 1 teams can save up to £10 million on car development if the...
3mo ago from GrandPrix247.com

Racing Point: 'Plenty of work ahead' despite F1 pause

Racing Point team boss Otmar Szafnauer says his team won't be...
3mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

FIM investigating 'possible breach of testing rules' -...

The FIM MotoGP Stewards are to investigate possible breaches of the...
2d ago from Crash.net

WithU bids farewell to Smith for MotoE, signs...

With Bradley Smith substituting for Andrea Iannone at the Aprilia MotoGP...
2d ago from Crash.net

Your experiences: MotoGP tickets, cancellations and...

With seven rounds of the original 2020 MotoGP season officially cancelled...
2d ago from Crash.net

Dorna prioritising MotoGP spectacle over post-COVID...

MotoGP promoter Dorna Sports' CEO Carmelo Ezpeleta says preserving the...
2d ago from AutoSport.com

Popular On IndyCarToday.com

O'Ward grabs shock maiden IndyCar pole for second Road...

Arrow McLaren SP's Pato O'Ward earned a shock maiden IndyCar pole position...
2h ago from AutoSport.com

O’Ward scores maiden IndyCar pole for second round...

Less than a day after the first race at Road America, Arrow McLaren SP...

O'Ward storms to Road America Race 2 pole

Pato O'Ward nipped his former Indy Lights teammate Colton Herta by...
3h ago from Racer.com

Popular On TotalWRC.com

Interview: Jon Armstrong Talks Esports and Rallying...

In part two of TCF's interview with Jon Armstrong, he discusses how he...

Oliver Solberg Enters ERC Asphalt Opener

Oliver Solberg will enter his first fully-tarmac rally later this month on...

Popular On GunnersToday.com

Arsenal fans spot 'suspicious' Harry Kane chat with...

Eagle-eyed Arsenal fans were left questioning referee Michael Oliver...
2h ago from DailyStar.co.uk

Winners and losers as Spurs edge victory over Arsenal...

Tottenham came from behind to edge out Arsenal 2-1 in the north London...
1h ago from DailyStar.co.uk

Arsenal fans slam Mikel Arteta's 'clown show' after...

Arsenal fans have hit out at their defence after a mix-up between...
2h ago from DailyStar.co.uk

Arsenal punished for shaky defending as Spurs come...

Arsenal fell to a late defeat against north London rivals Tottenham...
47m ago from CaughtOffside.com

Comments

Hottest News

Renault formally protests Racing Point legality

Renault has formally lodged a protest against the... Read More »
1h ago from MotorsportWeek.com

F1 may scrap next week's Hungarian GP

Jul.12 A dark cloud has suddenly moved above... Read More »

Schumacher foresees the end of Binotto: "I'd be afraid...

During the wet qualifying session at the Red Bull... Read More »
6h ago from GPBlog.com

Recent News


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.