Formula 1 chairman Chase Carey has admitted that the sport’s owners are preparing for “the remote possibility of no racing in 2020”. Carey, who was speaking on a conference call with investors after the release of the first-quarter results, said the coronavirus crisis had had “a significant impact on F1 and we are adjusting in numerous ways”. Carey said the “goal” remained to start the season in Austria on the first weekend in July, and that it was “likely” this would be followed by a second race at the Red Bull Ring the on 11-12 July.

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