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‘Financial crisis' threatens F1

By Editor on Wednesday, January 23, 2013 Talented drivers are proving the victims of a financial crisis in Formula One, according to media reports. Major newspapers like Germany's Bild, and specialist outlets including Auto Motor und Sport, say the sport is 'sick'. 'Only the top four – Red Bull, Ferrari, McLaren and Mercedes – are having no problems,' said Bild. Auto Motor und Sport added: 'We have to worry about Formula One. HRT has gone. Caterham and Marussia can only survive with pay-drivers. Drivers like Timo Glock and Heikki Kovalainen are losing their jobs. 'The sport must be wondering how it will survive in the long term.' And veteran Swiss correspondent Roger Benoit...
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