Monday, November 24

Ecclestone's F1 Imperial overreach

F1 commercial boss Bernie Ecclestone is still fantastically rich (even if his decision to put his wealth into the name of his tax-exile wife turned out not to be such a smooth move)

But while he has been readily abandoning the traditional base of Formula One for the allure of new tracks (ones that'll pay him huge wadges of cash), it appears he's forgotten to ensure that the new venues are actually, well, popular. China, who started paying large amounts of money to host F1 a few years back, are now having second thoughts on the grounds that the Chinese themselves don't appear to care. In the credit-crunch era, they may not be the only rich but fair weather friends F1 has.

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