<p>Red Bull team principal Christian Horner believes the prospect of losing a struggling team from the Formula One grid would be such an "enormous blow" that the sport's owners would have to launch a financial bailout.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-news-live-updates-tally-in-india-spikes-above-15k-toll-nearly-500-covid-19-kills-over-1-lakh-in-europe-817763.html">Follow latest updates on the COVID-19 pandemic here</a></strong></p>.<p>The world championship has not yet got underway due to the coronavirus pandemic with nine races either cancelled or postponed.</p>.<p>The French Grand Prix scheduled for June 28 is also in doubt as is the Belgian Grand Prix, set for August 30.</p>.<p>With TV and advertising revenue drying up, there are fears that the weakest among the 10 teams could go to the wall.</p>.<p>However, Horner believes that F1's owners, Liberty Media, would be forced to act.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/national/coronavirus-india-update-state-wise-total-number-of-confirmed-cases-deaths-on-april-19-827186.html">Coronavirus India update: State-wise total number of confirmed cases, deaths</a></strong></p>.<p>"It could be an enormous blow and at that point the promoter has to decide," Horner told The Guardian on Saturday.</p>.<p>"It is their business, they have to decide how do they keep these teams alive because they need teams to go racing.</p>.<p>"The Liberty guys would do whatever they can to ensure that 10 teams are on the grid and competing next year.</p>.<p>"In order to protect their own business, I believe they would help to facilitate, which means paying, to ensure that those teams would be around to compete next year." </p>
<p>Red Bull team principal Christian Horner believes the prospect of losing a struggling team from the Formula One grid would be such an "enormous blow" that the sport's owners would have to launch a financial bailout.</p>.<p><strong><a href="https://www.deccanherald.com/national/coronavirus-news-live-updates-tally-in-india-spikes-above-15k-toll-nearly-500-covid-19-kills-over-1-lakh-in-europe-817763.html">Follow latest updates on the COVID-19 pandemic here</a></strong></p>.<p>The world championship has not yet got underway due to the coronavirus pandemic with nine races either cancelled or postponed.</p>.<p>The French Grand Prix scheduled for June 28 is also in doubt as is the Belgian Grand Prix, set for August 30.</p>.<p>With TV and advertising revenue drying up, there are fears that the weakest among the 10 teams could go to the wall.</p>.<p>However, Horner believes that F1's owners, Liberty Media, would be forced to act.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/national/coronavirus-india-update-state-wise-total-number-of-confirmed-cases-deaths-on-april-19-827186.html">Coronavirus India update: State-wise total number of confirmed cases, deaths</a></strong></p>.<p>"It could be an enormous blow and at that point the promoter has to decide," Horner told The Guardian on Saturday.</p>.<p>"It is their business, they have to decide how do they keep these teams alive because they need teams to go racing.</p>.<p>"The Liberty guys would do whatever they can to ensure that 10 teams are on the grid and competing next year.</p>.<p>"In order to protect their own business, I believe they would help to facilitate, which means paying, to ensure that those teams would be around to compete next year." </p>