Motorsport

Formula 1 is in crisis: there is no racing – no money

Formula 1, like most other sports, has suffered greatly because of the pandemic of coronavirus in the world. The series is already canceled/postponed 7 opening stages before the summer Grand Prix will not be exact.

Given the situation, officials were preparing to transfer the stages to the end of this year and even in January 2021. It is reported that f-1 needs to be more stages to avoid large financial problems.

This is especially true of small teams that depend on advertising contracts. And since there are no races and no ability to advertise, the team left without money.

It is expected that f-1 will cancel the transition to the new regulations in 2021 and will take it to 2022. In addition, there will be a ban on the revision of the cars to command resources during a pause could improve their machines.

Source

fox