Archive | 8 October 2008

Formula One: What is the impact of the financial crisis?

Worldwide, the share prices tumble like a drunk through the area, banks are very halbverstaatlicht or loan pools will collapse and the central banks have very little air to cut interest rates. The Formula One relates to the financial crisis does not directly, at least not for most teams, but indirectly the crisis will also be reflected here with a delay. This of course applies worldwide to all racing series, but because the issues in Formula One are so high, the series hit very starkt. The question is really just who gets caught as the first.
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