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F1 needs "a safety net" to prevent future disasters
Guenther Steiner has called on Formula 1 bosses to ensure the sport has "a safety net" to guard against future crises. While no-one could have foreseen the impact Covid-19 has had globally in less than six months, it is the second financial disaster to strike the world economy in 12 years after the credit crunch of 2007-08. On that occasion, Toyota and BMW pulled out of F1. Article continues under video At present, ahead of the new season, Williams is up for sale, the McLaren Group is being forced into drastic financial restructuring to avoid the potential threat of insolvency, while Haas has yet to reveal whether it will remain in F1 beyond this season. Suggested to Haas team...
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3y ago from GPFans.com
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