Ralf Schumacher fearful of bigger teams also hitting financial trouble

Former F1 driver Ralf Schumacher has expressed fears that the bigger teams may also be facing financial difficulties as the ongoing coronavirus pandemic continues to delay the beginning of the season.

Red Bull's racing advisor Helmut Marko recently revealed that the first five races cancelled were worth a loss of '100 million' to the team, with a total of eight races so far being either postponed or cancelled.

Despite initial fear that this may have a lasting negative effect upon smaller teams such as Haas and Racing Point, Schumacher recently voiced his concerns to Sky TV that no team is safe from any problems arising from the cancellation of the opening rounds.

F1 and the FIA have been taking steps to help teams get through the current issues, such as announcing that this year's chassis will be used for next season and also delaying the proposed 2021 rule regulations until 2022.

“For the time being, we shouldn’t worry only about the smaller teams, but also about the bigger ones,” Schumacher said.

“It’s difficult to predict what will happen and they will have to save themselves first. We’re talking about thousands of employees, hundreds of families who are going to be in trouble."

Any current issues in F1 'must take a back seat'

Schumacher, who took six victories during his time with Williams, recognized that all current problems within F1 and other major sports must be set aside due to the current situation of the ongoing pandemic.

Schumacher noted that teams such as Ferrari currently have bigger worries due to the effects the pandemic has had on Italy recently and hoped that the worst of the situation would soon be over.

“Sports issues take a back seat. I think a team like Ferrari has other concerns than hoping that the race can resume in July," Schumacher added. “We can only hope that this will soon be behind us.”

Replies (0)

Login to reply

AZ Azerbaijan Grand Prix

Local time 

AZAzerbaijan Grand Prix

Local time 

World Championship standings 2025

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2025

Date
Grand Prix
Circuit
-
Bahrain
14 - Mar 16 2025
Australia
21 - Mar 23 2025
China
4 - Apr 6 2025
Japan
11 - Apr 13 2025
Bahrain
18 - Apr 20 2025
Saudi Arabia
2 - May 4 2025
United States of America
16 - May 18 2025
Italy
23 - May 25 2025
Monaco
30 - Jun 1 2025
Spain
13 - Jun 15 2025
Canada
27 - Jun 29 2025
Austria
4 - Jul 6 2025
United Kingdom
25 - Jul 27 2025
Belgium
1 - Aug 3 2025
Hungary
29 - Aug 31 2025
Netherlands
5 - Sep 7 2025
Italy
19 - Sep 21 2025
Azerbaijan
3 - Oct 5 2025
Singapore
17 - Oct 19 2025
United States of America
24 - Oct 26 2025
Mexico
7 - Nov 9 2025
Brazil
21 - Nov 23 2025
United States of America
28 - Nov 30 2025
Qatar
5 - Dec 7 2025
United Arab Emirates
See full schedule

Formula 1 Calendar - 2025

Date
Grand Prix & Circuit
14 - Mar 16 2025
Australia Albert Park
21 - Mar 23 2025
4 - Apr 6 2025
11 - Apr 13 2025
18 - Apr 20 2025
Saudi Arabia Jeddah Street Circuit
2 - May 4 2025
United States of America Miami International Autodrome
16 - May 18 2025
23 - May 25 2025
Monaco Monte Carlo
30 - Jun 1 2025
13 - Jun 15 2025
27 - Jun 29 2025
Austria Red Bull Ring
4 - Jul 6 2025
United Kingdom Silverstone
25 - Jul 27 2025
1 - Aug 3 2025
Hungary Hungaroring
29 - Aug 31 2025
Netherlands Circuit Zandvoort
5 - Sep 7 2025
Italy Monza
19 - Sep 21 2025
Azerbaijan Baku City Circuit
3 - Oct 5 2025
17 - Oct 19 2025
United States of America Circuit of the Americas
24 - Oct 26 2025
7 - Nov 9 2025
Brazil Interlagos
21 - Nov 23 2025
United States of America Las Vegas Street Circuit
28 - Nov 30 2025
5 - Dec 7 2025
United Arab Emirates Yas Marina Circuit
See full schedule

Driver profile

  • Team -
  • Points -
  • Podiums -
  • Grand Prix -
  • Country DE
  • Date of b. Jun 30 1975 (50)
  • Place of b. Hurth, West Germany, DE
  • Weight 0 kg
  • Length 1.78 m
Show full profile
show sidebar