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Crisis? What crisis? F1 digs head in the sand

Formula 1 is a money drain Talk of financial crisis in Formula 1 is nothing new but the absence of back-markers Caterham and Marussia from this week's United States Grand Prix after they went into administration has concentrated minds. For the first time since 2005, there will be only nine teams in the paddock and some of them are competing in straitened circumstances. It is a long-standing joke that the best way to make a small fortune in Formula 1 is to start with a large one, but securing even a basic budget is proving increasingly difficult in a sport that burns through cash at eye-watering speed. Sauber have made no secret of their problems while Force India owner Vijay Mallya...
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11y ago from GrandPrix247.com 0
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