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Formula 1 is "in a very fragile state" as a result of the coronavirus crisis and needs big changes to survive, McLaren boss Zak Brown told BBC Sport.
"This is potentially devastating to teams, and if [it is devastating] to enough teams - which doesn't have to mean more than two - then very threatening to F1 as a whole," he said.
Brown, speaking in an exclusive interview with BBC Sport, believes the $175m (£143m) budget cap, scheduled to come into force in 2021, needs to be lowered significantly, or the sport risks a potential disaster.
Some F1 race promoters could collapse with help from F1
Some F1 race promoters have one foot in the grave already
While Chase Carey talks of a 15 - 18 race schedule, teams talk of extending the season into 2021, two-day weekends, reverse track layouts and events behind closed doors, the race promoters talk about bankruptcy.
"They have to be willing to accept lower fees if they want their promoters to be healthy," one race organizer tells the Independent.
"We reserve hundreds of buses which have to be booked 90 days before the race and have cancellation fees," says the organizer. "We have another contract for the traffic because we hire hundreds of police officers over the race weekend and there are cancellation penalties for that too.
With social distancing of 6 feet or more still in place until there is a vaccine, British GP organizers are Whistling Dixie if they think they can run the race in July. We can see the lawsuits flying when fans die after being infected at the race and families sue F1 and the organizers! We hope they have good lawyers.
UPDATE Former F1 driver Mark Webber believes the British Grand Prix is likely to be postponed along with the three races that preceded it in Canada, France and Austria, because of the coronavirus pandemic.
“It’s a global sport, freight is an issue and logistically it’s one of the most challenging sports.
“They’re looking at around July but I still think that is very, very optimistic.”
“Formula One, with the traveling circus and even TV which requires huge production teams, faces a big challenge,” he said.
“They’re looking at condensing the weekends to two days from three days and I think that’s a great idea to help get some events in without rushing them through.”
Entire 2020 motorsports season to be cancelled (5th Update)
The motorsports industry
UPDATE Recognizing that it is too dangerous for thousands of people to congregate together at a sporting event until a Covid-19 vaccine is in place, Wimbledon was canceled on Wednesday because of the pandemic, the first time since World War II that the oldest Grand Slam tennis tournament won't be played.
The All England Club announced after an emergency meeting that the event is being scrapped for 2020. Wimbledon was scheduled to be played on the club's grass courts on the outskirts of London from June 29 to July 12.
Instead, the next edition of the tournament will be June 28 to July 11, 2021.
Jimmie Johnson told NBC Sports’ Leigh Diffey in a Friday interview (video coming soon) that he will take a “very hard look” at racing in the IndyCar GMR Grand Prix on the Indianapolis Motor Speedway road course July 4.
As part of IndyCar’s revamped schedule, the race was moved from May 9 and will take place directly before the NASCAR Xfinity Series.
The seven-time Cup Series champion race in the Brickyard 400 the following day.
(GMM) Cyril Abiteboul has denied that Renault is poised to quit Formula 1.
When McLaren announced recently that it is pushing ahead with its switch to Mercedes power for 2021 despite the delayed regulations, some interpreted that as a sign that current supplier Renault may be pulling out.
Renault struggled on track last year despite its high profile signing of Daniel Ricciardo, and the parent company has been embroiled in a high profile management scandal.
Cyril Abiteboul has named a potential replacement for Daniel Ricciardo should Ricciardo find a higher salary elsewhere. When discussing the possibility of signing Sebastian Vettel to the team to replace Ricciardo after his current Ferrari contract expires at the end of the 2020 season, he did not rule it out, but he maintained his stance about seeking another young driver.
“I don’t want to say no, as [Vettel] is a great driver, and a great champion. We worked together on the engine side and we won together. [But] I rather aspire to work with tomorrow’s drivers than yesterday’s. It really is very difficult to sum it up like that, so please don’t sum it up like that about Sebastian. Still, we also have a driver academy, with drivers who might come out of it in 2021 or 2022.
(GMM) As the coronavirus pandemic rules the world, F1 has a "historic opportunity" to drastically cut costs in Formula 1.
That is the view of former driver Christian Danner, as Auto Motor und Sport claims that F1 CEO Chase Carey and FIA president Jean Todt are working on driving down the scheduled $175 million budget cap for 2021.
UPDATE This rumor is now upgraded to 'fact.' The Azerbaijan Grand Prix on 7 June has become the eighth race of the Formula One season to be postponed or cancelled. The race in Baku was due to run back to back with the Canadian Grand Prix which is also likely not to take place.
The Azerbaijan GP had hoped to be the first race of the F1 season, with races in Australia thru Monaco already postponed.
“This comes as a direct result of the global Covid-19 pandemic and has been based entirely on the expert guidance provided to us by the relevant authorities,” a statement from the organizers read. “The primary concern has been the health and well being of the Azerbaijani people as well as all visiting fans, staff and championship participants.”
Will Coronavirus force cancellation of the Indy 500? (2nd Update)
All those people could be exposed
UPDATE With rumors now flying that the 2021 Summer Olympics in August in Japan will be delayed until 2021, it's looking more and more likely that the 2020 Indy 500, which attracts people from around the world (some possibly carrying the Covid-19 virus) will be cancelled, or run very late in the season.
However, with no vaccine ready in 2020 the chances the government will allow 300,000 people to gather for a sporting event the remainder of this year looks less likely by the day.
Postponed Acura GP of Long Beach to be rescheduled for September (6th Update)
Race is now officially dead for 2020.
UPDATE This rumor is downgraded to 'false' today. The IndyCar race in Long Beach, California, won’t be held this year.
Officials with the Acura Grand Prix of Long Beach said Wednesday they pursued the possibility of rescheduling the popular race to a later date, but “trying to reassemble all the elements that have made the Long Beach event such a success does not appear feasible for 2020.”
Next year’s date will be April 18. Ticket holders can either receive a credit that will apply to the same level of admission for next year or receive a full refund.
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