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Tough times ahead for some F1 teams
Formula One must bring rising costs under control to help struggling teams race on in tough economic circumstances, even if talk of impending crisis is wide of the mark, principals agree. The folding of Spanish-based HRT since the end of last season owed as much to the economic troubles of the team's debt-stricken homeland as to its lack of success on the track but it still flashed up warning signs. "What one hears is that a lot of teams are facing a challenging financial situation, some more and some less," Sauber team principal Monisha Kaltenborn told Reuters at this week's first pre-season test in Jerez. "You have to react in some way or other to get the costs down...
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12y ago from SuperSport.com
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