Sunday 5 October 2008

Economic crisis forces Formula 1 to tighten its belt

As the global economic crisis deepens, Formula One is starting to feel the pinch.

The sports lavish image is in stark contrast to the belt-tightening going on in the outside world. Many in F1 are well aware that the sport will have to make changes to how it does business to ensure it emerges from the credit crunch mostly intact.

Link source:
http://edition.cnn.com/2008/SPORT/10/03/economy.formula.one/index.html

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