Ten races have been postponed or cancelled so far and the 10 teams and commercial rights holders Liberty Media are understandably keen to get going with television money and sponsorship at stake.
The target of 15-18 races, down from an original record 22, looks an ambitious one in the light of travel restrictions, government bans on mass gatherings and popular opinion.
Races in Azerbaijan, Spain, the Netherlands, Vietnam, China and Canada are among those hoping to be rescheduled with Bahrain and Abu Dhabi set to be paired at the end of the season in December.
Races in Hungary, Belgium, Italy, Texas, Mexico, Brazil, Russia, Japan and Singapore also remain in play.
Monday’s announcement, coming after the French Grand Prix followed Monaco in cancelling, at least provided some grounds for hope.
CONTROL THE TRAIN SET
“Starting in Austria makes sense, a venue where maybe we can control the train set because Red Bull own that circuit,” said Sky Sports commentator Martin Brundle.
“A smaller country, a smaller government to deal with, because the hoops to jump through and the logistics we need to sort out before we can get Formula One up and running again are pretty significant and challenging.”
Austria, with fewer reported deaths in total from the new coronavirus than some larger countries have suffered daily, has already started to loosen its lockdown and has said it is not against the race being held.
The Red Bull Ring also has a nearby airport at Zeltweg capable of handling charter for F1 personnel, who would all likely be tested before departure.
Even with teams reduced to minimum staffing level and most media absent, marshals and medics and security would still likely take the on-site tally to well over 1,000 people.
Britain is home to seven teams and six-times world champion Lewis Hamilton but Silverstone would also be off-limits to spectators.
Silverstone managing director Stuart Pringle said he wanted the race to happen and the circuit was very flexible.
He was also encouraged that the authorities had indicated over the weekend that they were keen to start a dialogue between medical officials and sport.
“This is a situation which is unfolding and quite what the costs associated with that, the logistics, the complications – all of that is still being worked through,” he told Sky Sports television.
“I think the challenge is much more around knitting together a season that will flow naturally and have the certainty that it will run,” he added.