About: http://data.cimple.eu/news-article/acf7e34e1ef51016be9d6446349a48c77344f74060729378b1d40f3c     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • McLaren boss Zak Brown said Sunday that the coronavirus pandemic has plunged Formula One into "a very fragile state", warning that as many as four teams could even be driven out of business. The 2020 world championship has been unable to start with eight races of a scheduled 22 already either scrapped or postponed. "This is potentially devastating to teams, and if (it is devastating) to enough teams then it's very threatening to F1 as a whole," Brown told the BBC on the eve of a meeting planned to discuss cost-cutting in the sport. Brown insisted that all the teams have agreed to lower the 2021 budget cap to $150m (138.7 million euros) down from $175 million. However, he said the ceiling needs to be reduced further to counter the financial fall-out from the virus-hit season. "Could I see -- through what is going on right now in the world if we don't tackle this situation head on very aggressively -- two teams disappearing? Yeah," said Brown. "In fact, I could see four teams disappearing if this isn't handled the right way. "And then, given how long it takes to ramp up an F1 team, and given the economic and health crisis we are in right now, to think there would be people lined up to take over those teams like there has historically been... I don't think the timing could be worse from that standpoint. "So I think F1 is in a very fragile state at the moment." dj/td
schema:headline
  • Formula One in 'very fragile state', warns McLaren boss Brown
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software