F1 News

Formula 1 considers longer plant shutdowns to save costs

Formula 1 considers longer plant shutdowns to save costs

31-03-2020 10:50

GPblog.com

At the moment the Formula 1 teams are all closed. The factories had to be closed for three weeks between March and April and the teams responded to this. However, this lockdown could take longer.

Albert Fabrega, a well-known Spanish F1 journalist, reports on Twitter that Formula 1 is considering extending the three-week period, while continuing to put the brakes on the budgets and developments of the cars for 2021. Yesterday Auto, Motor und Sport already announced that Red Bull Racing and Ferrari are fiercely opposed to this.

Vasseur wants longer shutdown

According to Fabrega, the possible new measures will lead to restructuring of the different teams, which will have a major impact on Formula 1. Apart from the number of races still to be determined, the coronavirus will certainly have a major impact on the sport.

To Motorsport.com, Frederic Vasseur announces that Formula 1 is thinking about extended measures. We will have the opportunity to extend the shutdown and this will help enormously in reducing costs. Hopefully in April we can see the situation better and make new decisions again, but for now it is good to see that Formula 1 as a whole remains as flexible as possible to survive already group'', said the team boss of Alfa Romeo.