Some interesting 'cash is king' comments from Lewis this morning too:
https://www.theweek.co.uk/formula-1/106137/cash-is-king-lewis-hamilton-f1-australian-gp-coronavirus
The true impact maybe even bigger than the virus.
https://www.independent.co.uk/voice...pandemic-economy-bankrupt-italy-a9394891.html
The 'big guys' like F1, sponsors, teams etc may well lose some money but it's the little guy I'm more concerned about. I imagine events like F1 make up a significant part of the smaller companies that support events annual turnover, profit and ability to pay staff. That, in turn, knocks on to the real lower-paid people doing the job. Saved from the virus to be placed in a perilous financial position is all a bit out of the frying pan into the fire. A difficult moral and social choice for sure.
https://www.theweek.co.uk/formula-1/106137/cash-is-king-lewis-hamilton-f1-australian-gp-coronavirus
The true impact maybe even bigger than the virus.
https://www.independent.co.uk/voice...pandemic-economy-bankrupt-italy-a9394891.html
The 'big guys' like F1, sponsors, teams etc may well lose some money but it's the little guy I'm more concerned about. I imagine events like F1 make up a significant part of the smaller companies that support events annual turnover, profit and ability to pay staff. That, in turn, knocks on to the real lower-paid people doing the job. Saved from the virus to be placed in a perilous financial position is all a bit out of the frying pan into the fire. A difficult moral and social choice for sure.