No motorsport in the UK until July

No motorsport in the UK until July

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Great Dane

Original Poster:

2,725 posts

167 months

Great Dane

Original Poster:

2,725 posts

167 months

Sunday 5th April 2020
quotequote all
https://www.bbc.co.uk/news/business-52158444

A worldwide recession too possibly, worse that one in 30's, could spell the death of IMSA, WEC and ELMS and most of GT3 racing. F1 has looked at the minimum starters for a championship because some teams are struggling big time. Formula E will hit the target as car factories people drop ICE.

And how are restrictions going to be lifted.... little by little, - first education and shools, some businesses, more businesses, restaurants and then maybe only big and public sporting/music/general events with crowds. They will be the last ones and with huge medical security tests before entering, showing of health passes, vaccination certificates - who knows so I don't think we will go back to 'normal' at the flick of a switch.

The car factories will be using this break to ramp up electric car production, which will have further ramifications for employment. Studies in Germany have show that because of the fewer parts in an electric car and easier maintenance plus power distribution via the grid and not via complicated network of filling stations, up to 30% of people working overall in the automotive sector could lose their jobs. Germany has worked hard to phase in the ghange but this crisis will only further speed up the process.

Oil companies are struggling big time during the economic oil war between Saudi Arabia and USA/Russia on the other. Saudi wants to kill the American shale gas/oil production thus getting a bigger future market share. All this plays badly into the general automotive industry

I wonder how the sport will look this time next years. People risk losing businesses, careers whereas I will only lose a passion which has lasted 50 years and to add further insult to injury, in the UK we still have Brexit to look forward to...



Edited by Great Dane on Sunday 5th April 12:55


Edited by Great Dane on Sunday 5th April 13:08