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Classics Despite losing 2020: Liberty boss is not worried about Formula 1

14:08  01 march  2021
14:08  01 march  2021 Source:   motorsport-total.com

Formula 2 2021: Mick Schumacher's successor is Mark Webber's protégé

 Formula 2 2021: Mick Schumacher's successor is Mark Webber's protégé © Motorsport Images Oscar Piastri hopes for more trophies and Italian cuisine at Prema Australia's hopefuls Oscar Piastri will continue his career with the Prema team, with whom he will win the 2020 Formula 3 championship. The 19-year-old is managed by former Formula 1 driver and endurance world champion Mark Webber. He will be in the car for the first time after the season finale during the test drives in Bahrain. "I'm very happy to continue with Prema in Formula 2.

Greg Maffei macht sich keine Sorgen um den finanziellen Zustand der Formel 1 © Motorsport Images Greg Maffei is not worried about the financial condition of Formula 1

Last week it was announced that Formula 1 was in the face of the corona crisis in In 2020 made a loss of 386 million US dollars (just under 320 million euros). Liberty Media President Greg Maffei emphasizes in this context, however: "I'm not really worried about the balance sheet."

He calls the numbers of Formula 1 "very, very strong" and explains that it is now primarily important to prepare for the fact that the world will soon return to normal. At the same time, however, one also has to be prepared for a scenario in which the pandemic continues to cause restrictions worldwide.

"Motorsport was always the DNA": Abt questions exits from Audi and BMW

 © Motorsport Images Abt-Audi is one of the top teams in Formula E German automobile racing is in a state of upheaval. The DTM will no longer exist in its previous form and will be repositioned next year with GT3 vehicles. Audi and BMW recently announced that they would soon be leaving Formula E. In addition, Volkswagen has announced that it will end its motorsport involvement completely.

It is already clear that Formula 1 will again have less income in 2021. There will be spectators "at some events". But Maffei makes it clear that you cannot expect full grandstands in all 23 races. As a result, you will have to cut back on the income from racing fees.

Maffei is "optimistic" that more and more viewers can be expected over the course of the year. However, he also insists, "We are not here to make predictions." Because it is not reliable to assess how the corona crisis will develop in the coming months.

After all, the Liberty boss expects TV revenues to normalize in 2021. "In view of our 23 races, we expect fairly normal revenues from broadcasting rights," he reveals. In 2020 the TV stations had to make "concessions" because only 17 races took place.

Honda has its Japanese - Alpha Tauri pulls Tsunoda up

 Honda has its Japanese - Alpha Tauri pulls Tsunoda up At the end of 2021, Honda will say goodbye to the Formula 1 engine supplier. Red Bull would like to keep the Japanese engine and then operate it on its own. For himself and his sister team Alpha Tauri. To do this, a few pieces of the puzzle have to be set. As a farewell, Honda managed to bring a Japanese driver from its youth development program to Formula 1. Yuki Tsunoda will be promoted to Alpha Tauri in 2021, replacing Daniil Kvyat.

However, the goal for 2021 is to return to normal in this area. "That is our hope and also our expectation," said Maffei. However, he also makes it clear in this context that it cannot currently be guaranteed that 23 races will actually take place in 2021.

The Formula 1 calendar 2021 was changed several times before the start of the season. The start in Melbourne, originally planned for March, has been postponed to November. In addition, the Chinese Grand Prix was canceled and was replaced by an Imola race . Portimao has also been added to the calendar.

Formula 1 rejects vaccination offer from Bahrain .
The Kingdom of Bahrain offers Formula 1 to vaccinate its employees against the coronavirus. But the racing series does not want to push ahead. © Provided by sport1.de Formula 1 rejects vaccination offer from Bahrain Formula 1 has refused an offer from the Kingdom of Bahrain to vaccinate all employees in the top motorsport class on a voluntary basis against the corona virus who participated in the pre-season tests (12th to 12th) March 14th) and the opening race on March 28th.

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