News Details

2008-like F1 manufacturer exodus possible - Theissen

Apr.1 BMW's former F1 boss Mario Theissen says it is "of course" possible that the sport could witness an exodus of car manufacturers amidst the global pandemic. After the global financial crisis struck in 2008, four manufacturers involved in Formula 1 - Honda, Toyota, Renault and the Theissen-led BMW - withdrew from the series soon afterwards. Speaking to the BBC, Red Bull boss Christian Horner admitted that the impact of coronavirus "reminds me very much of the 2008 financial crisis - but this goes way beyond that". Theissen agrees, telling the Starting Grid podcast that a similar carmaker exodus "cannot be ruled out". "We just have to wait and...
Full Story »
Share

You May Also Be Interested In...

What is the impact of the global coronavirus...

With far-reaching measures already in place in several countries to...
6y ago from GPBlog.com

FIA imposes three-week shutdown on power unit...

The FIA has confirmed that power unit manufacturers must join Formula 1...
6y ago from MotorsportWeek.com

F1 engine manufacturers also close their doors

The summer break has been brought forward because of the coronavirus, so...
6y ago from GPBlog.com

Formula 1 to ban wind tunnel tests for next-gen cars...

Formula 1 teams will be unable to test their 2022 chassis in the wind...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

MotoGP confirms Aragon to remain on calendar for 2027...

MotoGP has announced that Motorland Aragon will host a race in 2027,...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Ian Wright predicts Golden Boot winner, Dark Horses...

Arsenal legend Ian Wright predicted the Golden Boot winner and dark horses...
9h ago from SportsKeeda.com

Update: Real Madrid given answer on Arsenal star as...

Real Madrid have reportedly switched their focus to Manchester City...
12h ago from CaughtOffside.com

From Italy: Arsenal make approach over potential 50m...

Arsenal are reportedly interested in Roma midfielder Manu Kone and have...
17h ago from CaughtOffside.com

Just in: Arsenal contacted by intermediaries to sign...

Arsenal have been made aware of Marcus Rashford’s availability as...
18h ago from CaughtOffside.com

Comments

Hottest News

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.