F1 could cease to exist as coronavirus ravages season says Ecclestone, currently on lockdown on a Brazilian coffee farm
BERNIE ECCLESTONE has admitted F1 could end completely as the coronavirus pandemic continues to disrupt the season.boss, who is currently on lockdown at his coffee farm in Brazil, is seriously concerned about the potential damage the lockdown is having on the sport and admits there is a possibility the sport could cease completely.With racing being delayed, and no resumption date in sight, the three big revenue streams are under serious threat.
Race hosting fees, broadcasting rights and sponsorship are the main money generators and with no date for the sport to resume, Ecclestone is extremely concerned for the future.: "Let's look at a good side and it takes six months to tidy up this pandemic and there is no longer a problem, it is still not easy for Formula One to put on races."You have to get the promoters to take a risk on staging events not knowing if they are going to get the public in or not.
"Even a smaller team like Williams, they have staff to pay and bills to pay, and it's not easy for them if they are not getting their revenue from racing." The delay is hitting the smaller teams hard and they are set to face some serious questions about their survival if the sport continues to be on hold.Get the latest coronavirus news, facts and figures from around the world - plus essential advice for you and your family.
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