“I believe it. I really believe in it. And, honestly, I hope it is. I hope it is and we need it,” said the President of the International automobile Federation Fia, in an Interview to the specialist portal “motorsport-total.com”. The formula 1 is currently taking a break because of the Coronavirus pandemic, the first of nine scheduled races this season have been cancelled or indefinitely postponed.
For a resumption of the season of the spirit race, and the Fans are in the conversation. “These are possible options,” said Todt. Also, an extension of the world Cup-year in January 2021 was discussed with the owners. “There might be commercial contracts, and it is up to us to say to the authority, Yes or no, but it doesn’t look likely,” said Todt.
The 74-year-old Frenchman was previously Ferrari team boss, and celebrated with Michael Schumacher to five of his seven world titles. Meanwhile, Todt for a tighter budget limit strongly rejected especially by the Scuderia still makes.
Instead of the 2021 planned spending limit of around 160 million Euro per year for each Team have agreed the teams already on a reduction to approximately 137 million euros. “But the proposed step is still not big enough,” said Todt. In the interview, a step is a reduction to about 110 million euros to prevent the threat From smaller teams. “Dramatically, it would be, if we lose in the formula 1, for example, four Teams. I really hope that all keep the big picture in mind and not just look at yourself,“ said Todt.