McLaren boss Zak Brown says the coronavirus crisis could threaten the very existence of several teams if the sport's current situation is not dealt with "aggressively" by Formula 1. A disrupted 2020 season that has yet to get underway and the prospect of teams' revenues dropping off a cliff has put F1 "in a very fragile state" according to Brown. The McLaren chief will be meeting on Monday with his fellow team bosses to discuss the future and potential cost-saving measures, including a lowering of next years' mandatory $175m budget cap. Smaller F1 teams target budget cap reduction to $100M! "This is potentially devastating to teams, and if [it is devastating] to...
Full Story »