Because the first seven Grands Prix of the season have been postponed or cancelled because of the corona virus, there are a lot of costs that are now made for nothing. The promoters of each Grand Prix have to make a lot of expenses to get the infrastructure ready for a Grand Prix on top of the huge amount of money they have to spend to be able to organize the Grand Prix. One of the promoters has announced that the F1 has to take action. “They have to be willing to accept lower fees if they want their promoters to be healthy", one of the F1 promoters tells The Independent. “We reserve hundreds of buses which have to be booked 90 days before the race and have cancellation...
Full Story »