Nice one Bernie… This is so obviously a stupid move. Read more from TimesOnline.co.uk:
Bernie Ecclestone, the Formula One chief, said yesterday that he preferred totalitarian regimes to democracies and praised Adolf Hitler for his ability to “get things done”. continue reading...
Nobody is immune. F1, the most luxurious of sports, is cutting costs… from Telegraph.co.uk:
There will be savings on engine costs, a ban on in-season testing outside grand prix weekends and a reduction in staff numbers that will mean bad news for many skilled workers in Britain’s south Midlands, the worldwide centre of motor sport. continue reading...
The Economy strikes again… from MarketWatch.com:
Speaking at a press conference Friday afternoon, an emotionally-wrought Honda President Takeo Fukui described the slowdown in global auto sales as “beyond imagination”, and said mounting business difficulties in November prompted his decision to exit global racing.
“Honda must protect its core business activities and secure the long term as widespread uncertainties in the economies around the globe continue to mount,” Fukui said in a statement published on Honda’s global Website. “A recovery is expected to take some time.” continue reading...
Felipe Massa was declared the winner of Sunday’s Belgian Grand Prix after Lewis Hamilton was penalized for cutting a corner during a late duel with world champion Kimi Raikkonen.
Hamilton crossed the line 14.4 seconds ahead of Ferrari’s Massa in a dramatic finish that saw Raikkonen crash into a barrier, but the McLaren driver was penalized 25 seconds for his illegal maneuver. continue reading...
Yesterday the sporting world was shocked to hear about McLaren being stripped of all of its Constructors Championship points. While that hurts the car racing team’s pride and ensures it won’t win the 2007 Team award, the massive $100M fine its parent will absorp is a stinging hit.
While McLaren boss Ron Dennis maintains that his job is safe, we wonder, how long before the powers that be cast the blame squarely on his shoulders and show him the door? continue reading...
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