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Symonds: It's costs that are going to kill Formula 1 and we need to face up to this

Pat Symonds Formula 1 needs to focus on the positives of its new turbo era rather than talking itself down, Williams technical head Pat Symonds said on Friday, but at the same time warns that spirllaing costs will kill the sport. Speaking ahead of Sunday's Bahrain Grand Prix, Symonds warned that criticism of the rule changes from within the sport risked a backlash similar to that faced by British jeweller Gerald Ratner in 1991. Ratner wiped $829.50 million off his firm's value with a speech to business leaders that mocked both his merchandise and customers' taste. In one of the great corporate blunders, he boasted his company's earrings were cheaper than a prawn sandwich 'but probably...
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11mo ago from GrandPrix247.com 0
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