A message from Keith to our readers and Supporters
Over the past years RaceFans has earned a reputation for being the first to reveal the big stories in motorsport, from Daniel Ricciardo joining Renault in 2018, to Racing Point becoming Aston Martin – confirmed this week, first revealed by us last year. But while our first goal has been to break the news, our challenge today is to make sure the biggest news story of our generation does not break us.
The motor sport season has rightly been put on hold while the world bears the brunt of the Coronavirus onslaught. At least in my life time, this is an unprecedented situation. And so I wanted to break briefly from our regular coverage to give some insight into what it means for RaceFans and how we hope to weather this storm.
Journalists and photographers, web servers and international travel (when possible) cost money. The majority of our income comes from advertising. This is being hit in two ways. First, at least three months of motorsport will be wiped out, possibly much more. This means people – particularly more casual motorsport fans – have less reason to visit RaceFans, reducing the amount of advertising we can sell.
The effect Coronavirus is having on the economy is making matters worse. Advertising rates have plummeted, so the ads we can display earn less money.
Faced with this, we are cutting our costs wherever we can. But we are a lean operation to begin with, and we do not want to compromise the quality of our coverage. Like many other businesses, we are faced with difficult decisions.
So I want to take this opportunity to send my deep and sincere thanks to all of you for visiting our site and sharing links to our coverage. And in particular, to thank our RaceFans Supporters. Some of you have been with us for years. Some of you have signed up in the last 24 hours. Your monthly contributions of £1 will help RaceFans continue at this time when we need your help the most.
We’re locked down for the Coronavirus, but that won’t stop us bringing you breaking news, insider analysis and original features during the hiatus. Just as when we revealed the first details of how Formula 1 teams are developing technologies to fight the pandemic.
Like us, motor racing faces huge challenges in the coming months. The decisions being made now could shape the future of our sport for generations. They could even decide whether it has a future.
An independent voice has never been more urgently needed. We will be that voice, and we will do it with your help. If you would like to become a RaceFans Supporter, visit racefans.net/support.
Thank you for continuing to visit RaceFans. I wish all of you, your families and friends the very best of luck in staying healthy and safe. Now, back to the round-up…
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Notable posts from Twitter, Instagram and more:
— RaceFans (@racefansdotnet) April 2, 2020
Due to the impact of COVID19, the McLaren Group has adopted difficult temporary measures regarding its staff to hopefully protect jobs in the long term. I fully understand these tough decisions and I have obviously decided to take a pay cut. We are all in this together. pic.twitter.com/O2woN7kYKt
— Carlos Sainz (@Carlossainz55) April 2, 2020
- Find more official F1 accounts to follow in the F1 Twitter Directory
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Happy birthday to Jt19, Shreyas Mohanty, William and William Olive!