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Formula One faces new reality, says FIA president Todt

Mercedes' driver Lewis Hamilton [COURTESY]

Formula One is facing a new reality and must make deeper cost cuts to ensure the sport emerges intact from the coronavirus crisis, FIA president Jean Todt has said.

Nine Formula One Grand Prix races have been cancelled or postponed since the start of the season in Melbourne last month and the next race on schedule is the French GP on June 28.

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