Seven UK-based Formula 1 teams have united to form ‘Project Pitlane’ in an effort to assist the Government in manufacturing medical equipment.
Red Bull Racing, Racing Point, Haas, McLaren, Mercedes, Renault and Williams as well as their respective technology divisions are part of the new initiative.
The teams will manufacture and deliver respiratory medical devices to help patients affected by COVID-19, including ventilators and parts.

Formula 1 teams unite to manufacture ventilators
Project Pitlane has been announced pic: Red Bull Content Pool Seven UK-based Formula 1 teams have united to form ‘Project

As a total motorsports fanatic this news gives heart..... perhaps not hope, but it's a pole position for the sport.
It's a shame that Ferrari aren't in the mix but they are based in Italy; not the U.K.